Axia (XZIM:AXIA.ZW) ROCE % : 0.00% (As of . 20)

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

Axia ROCE % Historical Data

The historical data trend for Axia'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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Axia ROCE % Chart

Axia Annual Data

Trend

ROCE %

Axia Semi-Annual Data

ROCE %

Axia ROCE % Calculation

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

Axia'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.

Axia (XZIM:AXIA.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.

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Axia (XZIM:AXIA.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Axia Corp Ltd (XZIM:AXIA.ZW) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Corner 1st Street & Nelson Mandela Avenue, Andrew Lorimer, Edward Building, Harare, ZWE

Website

http://www.innscorafrica.com

Axia Corp Ltd operates within the retail and distribution sector with businesses across retail of household goods and appliances, retail of automotive goods and distribution of fast moving consumer goods. It has three operating business units, namely TV Sales and Home (TVSH) which is leading furniture and electronic appliance retailer, Transerv retails automotive spares and Distribution Group Africa (DGA) is a distribution and logistics concern, with operation in Zimbabwe, Zambia, and Malawi. The company generates the majority of its revenue from Zimbabwe operation through the sale of goods in Logistic and Distribution segment.

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