Ideal Group of (Ideal Group of) ROCE % : 0.00% (As of . 20)

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What is Ideal Group of 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. Ideal Group of's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Ideal Group of ROCE % Historical Data

The historical data trend for Ideal Group of'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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Ideal Group of ROCE % Chart

Ideal Group of Annual Data

Trend

ROCE %

Ideal Group of Quarterly Data

ROCE %

Ideal Group of ROCE % Calculation

Ideal Group of's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Ideal Group of's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Ideal Group of (OTCPK:IDGR) 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.

Ideal Group of ROCE % Related Terms

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Ideal Group of (Ideal Group of) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ideal Group of Companies Inc (OTCPK:IDGR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1525 North Fant Street, Anderson, SC, USA, 29621

Website

https://www.jzztechnologies.com

Ideal Group of Companies Inc formerly Jzz Technologies Inc is a holding, development and investment company. Its areas of business include Artificial Intelligence; Social Media and Event and Content Production. The company's only business segment is computer programming and data processing.

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