Mayberry Jamaican Equities (XJAM:MJE) ROCE % : -0.94% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Mayberry Jamaican Equities 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. Mayberry Jamaican Equities's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.94%.

Mayberry Jamaican Equities ROCE % Historical Data

The historical data trend for Mayberry Jamaican Equities'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.

Mayberry Jamaican Equities ROCE % Chart

Mayberry Jamaican Equities Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-0.04

-22.45

16.39

25.80

-8.65

Mayberry Jamaican Equities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															18.14	-2.87	1.44	-31.03	-0.94

Mayberry Jamaican Equities ROCE % Calculation

Mayberry Jamaican Equities'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: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1819.973	/	( ( (25061.423 - 1418.401)	+	(24672.905 - 6240.219) )	/ 2 )
	=	-1819.973	/	( (23643.022	+	18432.686)	/ 2 )
	=	-1819.973	/	21037.854
	=	-8.65 %

Mayberry Jamaican Equities's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-183.38	/	( ( (24520.14 - 3790.38)	+	(24672.905 - 6240.219) )	/ 2 )
	=	-183.38	/	( ( 20729.76	+	18432.686 )	/ 2 )
	=	-183.38	/	19581.223
	=	-0.94 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Mayberry Jamaican Equities (XJAM:MJE) 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.

Mayberry Jamaican Equities ROCE % Related Terms

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

Mayberry Jamaican Equities (XJAM:MJE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mayberry Jamaican Equities Ltd (XJAM:MJE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bourbon Street, Suite 1, 1st Floor, Bourbon House, Castries, LCA

Website

https://www.mayberryinv.com

Mayberry Jamaican Equities Ltd is an investment holding company with a view to achieve long term capital appreciation, while preserving capital, by investing in public equity services in Jamaica. Its business activities include treasury and trading, investment banking, asset management, pension fund management, and managed equity portfolio. Its investment banking services comprise of Debt Raising, Advisory Services, Mergers, and Acquisitions, Divestitures, and Equity Raising.

Mayberry Jamaican Equities (XJAM:MJE) Headlines

No Headlines