Carbacid Investments (NAI:CARB) ROCE % : 20.56% (As of Jan. 2024)

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What is Carbacid Investments 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. Carbacid Investments's annualized ROCE % for the quarter that ended in Jan. 2024 was 20.56%.

Carbacid Investments ROCE % Historical Data

The historical data trend for Carbacid Investments'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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Carbacid Investments ROCE % Chart

Carbacid Investments Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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6.79

7.00

8.14

23.90

25.56

Carbacid Investments Semi-Annual Data
	Jul11	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
ROCE %	Get a 7-Day Free Trial											17.36	29.91	18.07	33.56	20.56

Carbacid Investments ROCE % Calculation

Carbacid Investments's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	1097.417	/	( ( (4461.747 - 457.52)	+	(5113.124 - 529.15) )	/ 2 )
	=	1097.417	/	( (4004.227	+	4583.974)	/ 2 )
	=	1097.417	/	4294.1005
	=	25.56 %

Carbacid Investments's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	976.22	/	( ( (5113.124 - 529.15)	+	(5271.297 - 358.879) )	/ 2 )
	=	976.22	/	( ( 4583.974	+	4912.418 )	/ 2 )
	=	976.22	/	4748.196
	=	20.56 %

(1) Note: The EBIT data used here is two times the semi-annual (Jan. 2024) EBIT data.

Carbacid Investments (NAI:CARB) 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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Carbacid Investments (NAI:CARB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Carbacid Investments PLC (NAI:CARB) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Eldama Ravine Close, Off Eldama Ravine Road, PO Box 764, ALN House, Westlands, Nairobi, KEN, 00606

Website

https://www.carbacid.com

Carbacid Investments PLC is an investment and holding company with three subsidiaries. The main activities of the business are mining and marketing of carbon dioxide gas and investment. These are organized in the following operating segments, Trading, and Investment. It derives substantial revenue from trading activities. It caters to domestic and overseas markets. Key revenue is derived from the sale of Carbon dioxide gas.