Futuris Co (Futuris Co) ROCE % : 0.00% (As of Jul. 2020)

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What is Futuris 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. Futuris Co's annualized ROCE % for the quarter that ended in Jul. 2020 was 0.00%.

Futuris Co ROCE % Historical Data

The historical data trend for Futuris 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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Futuris Co ROCE % Chart

Futuris Co Annual Data

Trend

Mar99

Mar00

Mar01

Mar02

Mar03

Mar04

Jul20

ROCE %

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-60.93

-475.04

Futuris Co Semi-Annual Data
	Mar99	Mar00	Mar01	Mar02	Mar03	Mar04	Jul20
ROCE %	Get a 7-Day Free Trial			-60.93	-475.04	-	-	-

Futuris Co ROCE % Calculation

Futuris Co's annualized ROCE % for the fiscal year that ended in Jul. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2020 )		(A: Mar. 2004 )		(A: Jul. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2020 )		(A: Mar. 2004 )		(A: Jul. 2020 )
	=	0.102	/	( ( (0 - 4.374)	+	(2.994 - 4.335) )	/ 2 )
	=	0.102	/	( (-4.374	+	-1.341)	/ 2 )
	=	0.102	/	-2.8575
	=	-3.57 %

Futuris Co's ROCE % of for the quarter that ended in Jul. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2020 )		(Q: Mar. 2004 )		(Q: Jul. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2020 )		(Q: Mar. 2004 )		(Q: Jul. 2020 )
	=	0.102	/	( ( (0 - 4.374)	+	(2.994 - 4.335) )	/ 2 )
	=	0.102	/	( ( -4.374	+	-1.341 )	/ 2 )
	=	0.102	/	-2.8575
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Jul. 2020) EBIT data.

Futuris Co (OTCPK:FTRS) 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.

Futuris Co ROCE % Related Terms

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Futuris Co (Futuris Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Futuris Co (OTCPK:FTRS) » Definitions » ROCE %

Comparable Companies

WAR:HRC NSE:DYNAMIC OSTO:NJOB GXXM BOM:539697 NSE:ACEINTEG XAMS:MORE ASX:HMI LSE:RTC XAMS:DPA

Traded in Other Exchanges

N/A

Address

22 Baltimore Road, Rockville, MD, USA, 20850

Website

https://www.futuris.company

Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.