CompAGnie Aerienne Inter Regional Express (XPAR:MLAAE) ROCE % : 0.00% (As of . 20)

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What is CompAGnie Aerienne Inter Regional Express 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. CompAGnie Aerienne Inter Regional Express's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

CompAGnie Aerienne Inter Regional Express ROCE % Historical Data

The historical data trend for CompAGnie Aerienne Inter Regional Express'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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CompAGnie Aerienne Inter Regional Express ROCE % Chart

CompAGnie Aerienne Inter Regional Express Annual Data

Trend

ROCE %

CompAGnie Aerienne Inter Regional Express Quarterly Data

ROCE %

CompAGnie Aerienne Inter Regional Express ROCE % Calculation

CompAGnie Aerienne Inter Regional Express'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

CompAGnie Aerienne Inter Regional Express'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 four times the quarterly (. 20) EBIT data.

CompAGnie Aerienne Inter Regional Express (XPAR:MLAAE) 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.

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CompAGnie Aerienne Inter Regional Express (XPAR:MLAAE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CompAGnie Aerienne Inter Regional Express (XPAR:MLAAE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 lot Agat, Technopolis building, ZI JARRY, Baie-Mahault, Guyane, FRA, 97122

Website

https://www.airantilles.com

CompAGnie Aerienne Inter Regional Express operates as an airline company. The company is engaged in providing passenger, freight, and mail transportation services.

CompAGnie Aerienne Inter Regional Express (XPAR:MLAAE) Headlines

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