Caribbean Assurance Brokers (XJAM:CABROKERS) ROCE % : 0.00% (As of . 20)

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What is Caribbean Assurance Brokers 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. Caribbean Assurance Brokers's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Caribbean Assurance Brokers ROCE % Historical Data

The historical data trend for Caribbean Assurance Brokers'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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Caribbean Assurance Brokers ROCE % Chart

Caribbean Assurance Brokers Annual Data

Trend

ROCE %

Caribbean Assurance Brokers Semi-Annual Data

ROCE %

Caribbean Assurance Brokers ROCE % Calculation

Caribbean Assurance Brokers'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Caribbean Assurance Brokers'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 one times the annual (. 20) EBIT data.

Caribbean Assurance Brokers (XJAM:CABROKERS) 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.

Caribbean Assurance Brokers ROCE % Related Terms

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Caribbean Assurance Brokers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Caribbean Assurance Brokers Ltd (XJAM:CABROKERS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

94D Old Hope Road, St. Andrew, Kingston, JAM, 6

Website

https://www.cabjm.com

Caribbean Assurance Brokers Ltd is a multi-line insurance brokerage service provider. The company offers the full spectrum of insurance products and services throughout Jamaica.

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