Smart Tunisie (XTUN:SMART) ROCE % : 0.00% (As of . 20)

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

Smart Tunisie ROCE % Historical Data

The historical data trend for Smart Tunisie'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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Smart Tunisie ROCE % Chart

Smart Tunisie Annual Data

Trend

ROCE %

Smart Tunisie Semi-Annual Data

ROCE %

Smart Tunisie ROCE % Calculation

Smart Tunisie'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Smart Tunisie'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.

Smart Tunisie (XTUN:SMART) 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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Smart Tunisie Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smart Tunisie SA (XTUN:SMART) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

9. BIS impasse No 3, Rue 8612.ZI, charguia 1, Charguia, TUN, 2035

Website

https://www.smart.com.tn

Smart Tunisie SA is a computer importer and wholesaler. The company specializes in the import and wholesale of computer equipment and accessories.

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