Ariston Holdings (XZIM:ARIS.ZW) ROCE % : -88.36% (As of Sep. 2023)

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What is Ariston Holdings 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. Ariston Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -88.36%.

Ariston Holdings ROCE % Historical Data

The historical data trend for Ariston Holdings'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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Ariston Holdings ROCE % Chart

Ariston Holdings Annual Data

Trend

Sep09

Sep11

Sep12

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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75.00

5.16

-54.17

-11.08

-27.11

Ariston Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial										-148.91	35.46	-22.79	-3.72	-88.36

Ariston Holdings ROCE % Calculation

Ariston Holdings's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-36799.801	/	( ( (148847.872 - 15048.846)	+	(173671.965 - 36021.096) )	/ 2 )
	=	-36799.801	/	( (133799.026	+	137650.869)	/ 2 )
	=	-36799.801	/	135724.9475
	=	-27.11 %

Ariston Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-70698.316	/	( ( (25781.593 - 3404.295)	+	(173671.965 - 36021.096) )	/ 2 )
	=	-70698.316	/	( ( 22377.298	+	137650.869 )	/ 2 )
	=	-70698.316	/	80014.0835
	=	-88.36 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Ariston Holdings (XZIM:ARIS.ZW) 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.

Ariston Holdings ROCE % Related Terms

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Ariston Holdings (XZIM:ARIS.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ariston Holdings Ltd (XZIM:ARIS.ZW) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

18 Coghlan Road, P. O. Box 4019 , Greendale, Harare, ZWE

Website

http://www.ariston.co.zw

Ariston Holdings Ltd is an agro-industrial company. Its principal activities are farming operations which include, tea, macadamia nuts, horticulture, deciduous fruits, fishery, and poultry. The company is organized into three operating divisions. The Southdown Estates division is engaged in the growing and manufacturing of tea, macadamia nuts, avocados, potatoes, and bananas as well as generates maximum revenue. Claremont Estate division is engaged in the growing of pome and stone fruit, passion fruit, and potatoes. Kent Estate division engages in the growing of horticultural crops, and the rearing of poultry and livestock.

Ariston Holdings (XZIM:ARIS.ZW) Headlines

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