Alexandria Mineral Oils Co (CAI:AMOC) ROCE % : 13.96% (As of Dec. 2023)

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What is Alexandria Mineral Oils Co 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. Alexandria Mineral Oils Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.96%.

Alexandria Mineral Oils Co ROCE % Historical Data

The historical data trend for Alexandria Mineral Oils Co'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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Alexandria Mineral Oils Co ROCE % Chart

Alexandria Mineral Oils Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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21.85

22.89

26.36

57.57

41.16

Alexandria Mineral Oils Co Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															71.08	37.89	-	57.49	13.96

Alexandria Mineral Oils Co ROCE % Calculation

Alexandria Mineral Oils Co's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	1436.672	/	( ( (4646.502 - 1452.372)	+	(6187.718 - 2401.622) )	/ 2 )
	=	1436.672	/	( (3194.13	+	3786.096)	/ 2 )
	=	1436.672	/	3490.113
	=	41.16 %

Alexandria Mineral Oils Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	556.064	/	( ( (8001.836 - 3790.997)	+	(7163.181 - 3404.838) )	/ 2 )
	=	556.064	/	( ( 4210.839	+	3758.343 )	/ 2 )
	=	556.064	/	3984.591
	=	13.96 %

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

Alexandria Mineral Oils Co (CAI:AMOC) 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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Alexandria Mineral Oils Co (CAI:AMOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alexandria Mineral Oils Co (CAI:AMOC) » Definitions » ROCE %

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Address

El Sad El Ali Street, Wady El Qamar, El-Max, Alexandria, EGY

Website

https://www.amoceg.com

Alexandria Mineral Oils Co operates in the petroleum industry. The company is mainly engaged in the production and distribution of oil products in Egypt and in international markets. The company's principal products consist of base oils; special oils, including automatic transmission fluids, transformer oil, and spindle oil; hydrotreated paraffin wax; and fuel oil blend and furnace oil.

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