Les Motocycles Ardoinint Amand et Cie (XPAR:MLARD) ROCE % : 0.55% (As of Dec. 2023)

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What is Les Motocycles Ardoinint Amand et Cie 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. Les Motocycles Ardoinint Amand et Cie's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.55%.

Les Motocycles Ardoinint Amand et Cie ROCE % Historical Data

The historical data trend for Les Motocycles Ardoinint Amand et Cie'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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Les Motocycles Ardoinint Amand et Cie ROCE % Chart

Les Motocycles Ardoinint Amand et Cie Annual Data

Trend

Dec18

Dec19

Dec21

Dec22

Dec23

ROCE %

-2.24

-1.78

-1.76

-1.94

0.55

Les Motocycles Ardoinint Amand et Cie Semi-Annual Data
	Dec18	Dec19	Dec21	Dec22	Dec23
ROCE %	-2.24	-1.78	-1.76	-1.94	0.55

Les Motocycles Ardoinint Amand et Cie ROCE % Calculation

Les Motocycles Ardoinint Amand et Cie'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 )
	=	0.023	/	( ( (4.64 - 0.462)	+	(4.58 - 0.402) )	/ 2 )
	=	0.023	/	( (4.178	+	4.178)	/ 2 )
	=	0.023	/	4.178
	=	0.55 %

Les Motocycles Ardoinint Amand et Cie'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	0.023	/	( ( (4.64 - 0.462)	+	(4.58 - 0.402) )	/ 2 )
	=	0.023	/	( ( 4.178	+	4.178 )	/ 2 )
	=	0.023	/	4.178
	=	0.55 %

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

Les Motocycles Ardoinint Amand et Cie (XPAR:MLARD) 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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Les Motocycles Ardoinint Amand et Cie Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Les Motocycles Ardoin Saint Amand et Cie (XPAR:MLARD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 rue des Petites Ecuries, Paris, FRA, 75010

Website

https://www.lmasa.fr

Les Motocycles Ardoin Saint Amand et Cie is engaged in the distribution of motorcycles in the Paris area.

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