Carreras (XJAM:CAR) ROCE % : 190.55% (As of Mar. 2023)

View and export this data going back to 1969. Start your Free Trial

What is Carreras 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. Carreras's annualized ROCE % for the quarter that ended in Mar. 2023 was 190.55%.

Carreras ROCE % Historical Data

The historical data trend for Carreras'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.

* Premium members only.

Carreras ROCE % Chart

Carreras Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

234.29

251.72

202.25

204.55

190.55

Carreras Semi-Annual Data
	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
ROCE %	Get a 7-Day Free Trial									234.29	251.72	202.25	204.55	190.55

Carreras ROCE % Calculation

Carreras's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	4875.897	/	( ( (5228.027 - 2590.573)	+	(5501.514 - 3021.299) )	/ 2 )
	=	4875.897	/	( (2637.454	+	2480.215)	/ 2 )
	=	4875.897	/	2558.8345
	=	190.55 %

Carreras's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	4875.897	/	( ( (5228.027 - 2590.573)	+	(5501.514 - 3021.299) )	/ 2 )
	=	4875.897	/	( ( 2637.454	+	2480.215 )	/ 2 )
	=	4875.897	/	2558.8345
	=	190.55 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

Carreras (XJAM:CAR) 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.

Carreras ROCE % Related Terms

Thank you for viewing the detailed overview of Carreras's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Carreras (XJAM:CAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Carreras Ltd (XJAM:CAR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13A Ripon Road, Kingston, JAM, 5

Website

https://www.carrerasltd.com

Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.