Arma Services (Arma Services) ROCE % : -25.05% (As of Jul. 2023)

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What is Arma Services 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. Arma Services's annualized ROCE % for the quarter that ended in Jul. 2023 was -25.05%.

Arma Services ROCE % Historical Data

The historical data trend for Arma Services'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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Arma Services ROCE % Chart

Arma Services Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

ROCE %

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Arma Services Quarterly Data
	Jan18	Jul18	Oct18	Jan19	Jul19	Oct19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-25.05

Arma Services ROCE % Calculation

Arma Services's annualized ROCE % for the fiscal year that ended in Oct. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2022 )		(A: Oct. 2021 )		(A: Oct. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2022 )		(A: Oct. 2021 )		(A: Oct. 2022 )
	=	-0.01	/	( ( (0 - 0.032)	+	(0 - 0.042) )	/ 2 )
	=	-0.01	/	( (-0.032	+	-0.042)	/ 2 )
	=	-0.01	/	-0.037
	=	27.03 %

Arma Services's ROCE % of for the quarter that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2023 )		(Q: Apr. 2023 )		(Q: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2023 )		(Q: Apr. 2023 )		(Q: Jul. 2023 )
	=	-0.068	/	( ( (0.226 - 0.381)	+	(1.107 - 0.409) )	/ 2 )
	=	-0.068	/	( ( -0.155	+	0.698 )	/ 2 )
	=	-0.068	/	0.2715
	=	-25.05 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2023) EBIT data.

Arma Services (OTCPK:ARMV) 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.

Arma Services ROCE % Related Terms

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Arma Services (Arma Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Arma Services Inc (OTCPK:ARMV) » Definitions » ROCE %

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Address

7260 West Azure Drive, Suite 140-920, Las Vegas, NV, USA, 89130

Website

https://www.armaoffsets.com

Arma Services Inc is a shell company.

Arma Services (Arma Services) Headlines

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By ACCESSWIRE • 09-12-2023