AMJ Global Technology (AMJ Global Technology) ROCE % : 0.00% (As of Feb. 2024)

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What is AMJ Global Technology 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. AMJ Global Technology's annualized ROCE % for the quarter that ended in Feb. 2024 was 0.00%.

AMJ Global Technology ROCE % Historical Data

The historical data trend for AMJ Global Technology'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.
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AMJ Global Technology ROCE % Chart

AMJ Global Technology Annual Data

Trend

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ROCE %

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AMJ Global Technology Quarterly Data
	Aug18	Nov18	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

AMJ Global Technology ROCE % Calculation

AMJ Global Technology's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-0.166	/	( ( (0 - 0.017)	+	(0.009 - 0.127) )	/ 2 )
	=	-0.166	/	( (-0.017	+	-0.118)	/ 2 )
	=	-0.166	/	-0.0675
	=	245.93 %

AMJ Global Technology's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.2	/	( ( (0.009 - 0.127)	+	(0.017 - 0.185) )	/ 2 )
	=	-0.2	/	( ( -0.118	+	-0.168 )	/ 2 )
	=	-0.2	/	-0.143
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

AMJ Global Technology (OTCPK:AMJT) 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.

AMJ Global Technology ROCE % Related Terms

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AMJ Global Technology (AMJ Global Technology) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AMJ Global Technology (OTCPK:AMJT) » Definitions » ROCE %

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Address

11724 Ventura boulevard, Suite B, Studio City, CA, USA, 91604

Website

http://www.kgnr.com

AMJ Global Technology formerly Kange Corp is a USA-based company which is focusing on the intersection of technology and wholistic technology-based health treatments, with the intention to provide services to formulate a treatment model to meet the needs of professional athletes that suffer from PTSD and the early onset of dementia and Alzheimer's. The Company is currently evaluating operations in the wholistic health industry.

AMJ Global Technology (AMJ Global Technology) Headlines

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