1.Maj Drvodjelska a.d (XBLB:MJDR-R-A) ROCE % : 0.00% (As of . 20)

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What is 1.Maj Drvodjelska a.d 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. 1.Maj Drvodjelska a.d's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

1.Maj Drvodjelska a.d ROCE % Historical Data

The historical data trend for 1.Maj Drvodjelska a.d'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.
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1.Maj Drvodjelska a.d ROCE % Chart

1.Maj Drvodjelska a.d Annual Data

Trend

ROCE %

1.Maj Drvodjelska a.d Quarterly Data

ROCE %

1.Maj Drvodjelska a.d ROCE % Calculation

1.Maj Drvodjelska a.d's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

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

1.Maj Drvodjelska a.d's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

1.Maj Drvodjelska a.d (XBLB:MJDR-R-A) 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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1.Maj Drvodjelska a.d Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » 1.Maj Drvodjelska a.d (XBLB:MJDR-R-A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Pilanska 3, Banja Luka, BIH, 78000

Website

1.Maj Drvodjelska a.d manufactures wood and wood products.

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