Scodix (XTAE:SCDX) ROCE % : 0.00% (As of . 20)

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

Scodix ROCE % Historical Data

The historical data trend for Scodix'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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Scodix ROCE % Chart

Scodix Annual Data

Trend

ROCE %

Scodix Semi-Annual Data

ROCE %

Scodix ROCE % Calculation

Scodix'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Scodix'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.

Scodix (XTAE:SCDX) 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.

Scodix ROCE % Related Terms

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Scodix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Scodix Ltd (XTAE:SCDX) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

13 Amal Street Park Afek, Rosh Ha’Ayin, ISR, 4809249

Website

https://www.scodix.com

Scodix Ltd is a provider of digital print enhancement presses in Graphic Arts, brings converters and PSPs (print service providers) in commercial print, web-to-print, publishing, folding carton, photo, tags, trade finishers and more, real and measurable added value to products. It operates in the field of research and development, production, marketing and sale worldwide of advanced digital systems for print enhancement. Its products include Scodix E106, Scodix Ultra 1000's Series, Scodix Studio, Scodix Polymers, among others.

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