Salada Foods Jamaica (XJAM:SALF) ROCE % : 8.77% (As of Sep. 2024)

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What is Salada Foods Jamaica 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. Salada Foods Jamaica's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.77%.

Salada Foods Jamaica ROCE % Historical Data

The historical data trend for Salada Foods Jamaica'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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Salada Foods Jamaica ROCE % Chart

Salada Foods Jamaica Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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13.02

18.65

22.18

19.71

20.08

Salada Foods Jamaica Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															34.08	14.06	31.47	26.27	8.77

Salada Foods Jamaica ROCE % Calculation

Salada Foods Jamaica's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	226.107	/	( ( (1341.035 - 247.752)	+	(1509.92 - 351.146) )	/ 2 )
	=	226.107	/	( (1093.283	+	1158.774)	/ 2 )
	=	226.107	/	1126.0285
	=	20.08 %

Salada Foods Jamaica'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 )
	=	103.088	/	( ( (1450.603 - 257.491)	+	(1509.92 - 351.146) )	/ 2 )
	=	103.088	/	( ( 1193.112	+	1158.774 )	/ 2 )
	=	103.088	/	1175.943
	=	8.77 %

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

Salada Foods Jamaica (XJAM:SALF) 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.

Salada Foods Jamaica ROCE % Related Terms

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Salada Foods Jamaica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Salada Foods Jamaica Ltd (XJAM:SALF) » Definitions » ROCE %

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Address

20 Bell Road, P.O. Box 71, Kingston, JAM, 11

Website

https://www.saladafoodsja.com

Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.

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