Advanced Medical Equipment (WAR:AME) ROCE % : 0.00% (As of Sep. 2024)

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What is Advanced Medical Equipment 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. Advanced Medical Equipment's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Advanced Medical Equipment ROCE % Historical Data

The historical data trend for Advanced Medical Equipment'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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Advanced Medical Equipment ROCE % Chart

Advanced Medical Equipment Annual Data

Trend

Dec23

ROCE %

1.44

Advanced Medical Equipment Quarterly Data
	Jun23	Sep23	Dec23	Jun24	Sep24
ROCE %	-	-	2.35	0.16	-

Advanced Medical Equipment ROCE % Calculation

Advanced Medical Equipment's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: . 20 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: . 20 )		(A: Dec. 2023 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Advanced Medical Equipment's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	0	/	( ( (3.5 - 0.057)	+	(3.513 - 0.07) )	/ 2 )
	=	0	/	( ( 3.443	+	3.443 )	/ 2 )
	=	0	/	3.443
	=	0.00 %

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

Advanced Medical Equipment (WAR:AME) 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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Advanced Medical Equipment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Advanced Medical Equipment SA (WAR:AME) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Stefana Okrzei 1A, Warsaw, POL, 03-711

Website

https://www.diabetomat.pl

Advanced Medical Equipment SA operates in the vitro diagnostic medical device industry. It specializes in creating advanced diagnostic solutions that aim to improve the quality of life of patients around the world. It is a company that combines advanced engineering with medical science. The company develops technologies that transform traditional diagnostic methods into modern, precise tools.