Minaean SP Construction (TSXV:MSP) ROCE % : 0.00% (As of Dec. 2024)

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What is Minaean SP Construction ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Minaean SP Construction's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Minaean SP Construction ROCE % Historical Data

The historical data trend for Minaean SP Construction's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Minaean SP Construction ROCE % Chart

Minaean SP Construction Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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2.68

-30.14

-187.22

Minaean SP Construction Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Minaean SP Construction ROCE % Calculation

Minaean SP Construction's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-0.253	/	( ( (0.081 - 0.814)	+	(0.131 - 1.062) )	/ 2 )
	=	-0.253	/	( (-0.733	+	-0.931)	/ 2 )
	=	-0.253	/	-0.832
	=	30.41 %

Minaean SP Construction's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	0.016	/	( ( (0.107 - 1.153)	+	(0.102 - 1.153) )	/ 2 )
	=	0.016	/	( ( -1.046	+	-1.051 )	/ 2 )
	=	0.016	/	-1.0485
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Minaean SP Construction (TSXV:MSP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

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Minaean SP Construction Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Minaean SP Construction Corp (TSXV:MSP) » Definitions » ROCE %

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NJAN:Germany

Address

1055 West Georgia Street, Suite 2050, P.O. Box 11121, Royal Centre, Vancouver, BC, CAN, V6E 3P3

Website

http://www.minaean.com

Minaean SP Construction Corp is known for its light gauge steel components for the construction industry. The company specializes in Light Gauge Steel Quik-Build Systems and provides a variety of contracting services. Its services include EPC (Engineering, Procurement, Construction) as well as Design-Build capabilities in the residential, commercial, industrial, healthcare, and hospitality sectors.

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