Azarbaijan Gharbi Investment Co (XTEH:OS021) ROCE % : 0.00% (As of . 20)

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What is Azarbaijan Gharbi Investment Co 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. Azarbaijan Gharbi Investment Co's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Azarbaijan Gharbi Investment Co ROCE % Historical Data

The historical data trend for Azarbaijan Gharbi Investment Co'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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Azarbaijan Gharbi Investment Co ROCE % Chart

Azarbaijan Gharbi Investment Co Annual Data

Trend

ROCE %

Azarbaijan Gharbi Investment Co Semi-Annual Data

ROCE %

Azarbaijan Gharbi Investment Co ROCE % Calculation

Azarbaijan Gharbi Investment Co'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Azarbaijan Gharbi Investment Co'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.

Azarbaijan Gharbi Investment Co (XTEH:OS021) 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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Azarbaijan Gharbi Investment Co (XTEH:OS021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Azarbaijan Gharbi Investment Co (XTEH:OS021) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Janbazan Street, No. 218, West Azerbaijan, Urmia, IRN

Website

Azarbaijan Gharbi Investment Co is engaged in the buying and selling of shares of companies, public and governmental institutions, among others.

Azarbaijan Gharbi Investment Co (XTEH:OS021) Headlines

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