Aura Smart Air (XTAE:AUSA-M) ROCE % : 0.00% (As of . 20)

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What is Aura Smart Air 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. Aura Smart Air's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Aura Smart Air ROCE % Historical Data

The historical data trend for Aura Smart Air'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.
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Aura Smart Air ROCE % Chart

Aura Smart Air Annual Data

Trend

ROCE %

Aura Smart Air Semi-Annual Data

ROCE %

Aura Smart Air ROCE % Calculation

Aura Smart Air'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Aura Smart Air'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.

Aura Smart Air (XTAE:AUSA-M) 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.

Aura Smart Air ROCE % Related Terms

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Aura Smart Air Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aura Smart Air Ltd (XTAE:AUSA-M) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Beit Hilel 6, Tel Aviv, ISR, 6701706

Website

https://www.auraair.io

Aura Smart Air Ltd is engaged in the development and marketing of air purification platforms inside buildings and air monitoring. The company's products include Aura Air; Aura Air Mini; and Ray Filters.

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