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Main Street Complex (MAL:MSC) ROCE % : 4.05% (As of Dec. 2023)


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What is Main Street Complex 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. Main Street Complex's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.05%.


Main Street Complex ROCE % Historical Data

The historical data trend for Main Street Complex'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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Main Street Complex ROCE % Chart

Main Street Complex Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 4.00 1.74 2.62 3.74 3.97

Main Street Complex Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.85 3.32 4.10 3.90 4.05

Main Street Complex ROCE % Calculation

Main Street Complex's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=0.479/( ( (12.343 - 0.285) + (12.376 - 0.317) )/ 2 )
=0.479/( (12.058+12.059)/ 2 )
=0.479/12.0585
=3.97 %

Main Street Complex'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: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=0.488/( ( (12.207 - 0.187) + (12.376 - 0.317) )/ 2 )
=0.488/( ( 12.02 + 12.059 )/ 2 )
=0.488/12.0395
=4.05 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

* 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.


Main Street Complex  (MAL:MSC) 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.


Main Street Complex ROCE % Related Terms

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Main Street Complex (MAL:MSC) Business Description

Traded in Other Exchanges
N/A
Address
Antoine De Paule Square, Main Street Complex, Paola, MLT, PLA 1262
Main Street Complex PLC is a shopping mall in Malta. It operates as a retail and entertainment complex. The mall has several shops all under one roof, all brands Debenhams, Pull & Bear, Pimkie, Peacocks, Accessorize, Sterling Jewellers, and many more. The group offers a computerized hall, cafe, bar and restaurant, car parking facilities, Wi-Fi, and other services.

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