Transjamaican Highway (XJAM:TJH) ROCE % : 0.00% (As of . 20)

View and export this data going back to 2020. Start your Free Trial

What is Transjamaican Highway 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. Transjamaican Highway's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Transjamaican Highway ROCE % Historical Data

The historical data trend for Transjamaican Highway'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.

Transjamaican Highway ROCE % Chart

Transjamaican Highway Annual Data

Trend

ROCE %

Transjamaican Highway Semi-Annual Data

ROCE %

Transjamaican Highway ROCE % Calculation

Transjamaican Highway'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Transjamaican Highway'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.

Transjamaican Highway (XJAM:TJH) 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.

Transjamaican Highway ROCE % Related Terms

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

Transjamaican Highway (XJAM:TJH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Transjamaican Highway Ltd (XJAM:TJH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Goodwood Terrace, Kingston, JAM, 10

Website

https://www.h2k-jio.com

Transjamaican Highway Ltd is engaged in the development, operation and maintenance of the toll road in Jamaica known as the Highway 2000 East-West.

Transjamaican Highway (XJAM:TJH) Headlines

No Headlines