Arras Group SpA (MIL:AGU) ROCE % : 0.00% (As of Dec. 2022)

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What is Arras Group SpA 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. Arras Group SpA's annualized ROCE % for the quarter that ended in Dec. 2022 was 0.00%.

Arras Group SpA ROCE % Historical Data

The historical data trend for Arras Group SpA'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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Arras Group SpA ROCE % Chart

Arras Group SpA Annual Data

Trend

Dec21

Dec22

ROCE %

Arras Group SpA Semi-Annual Data
	Dec21	Dec22
ROCE %	-	-

Arras Group SpA ROCE % Calculation

Arras Group SpA's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.949	/	( ( (0.757 - 0.789)	+	(5.02 - 5.109) )	/ 2 )
	=	-0.949	/	( (-0.032	+	-0.089)	/ 2 )
	=	-0.949	/	-0.0605
	=	1,568.60 %

Arras Group SpA's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	-0.949	/	( ( (0.757 - 0.789)	+	(5.02 - 5.109) )	/ 2 )
	=	-0.949	/	( ( -0.032	+	-0.089 )	/ 2 )
	=	-0.949	/	-0.0605
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Arras Group SpA (MIL:AGU) 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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Arras Group SpA (MIL:AGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arras Group SpA (MIL:AGU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

6ZU:Germany

Address

Largo Domodossola 7, Milan, ITA, 20145

Website

https://www.arrasgroupspa.com

Arras Group SpA is a technological real estate development company for second homes, which currently operates in the Sardinian territory (in particular, in the north and south of the island), and is aimed at both Italian and foreign high-income customers. The Real Estate Projects developed by the Group typically arise in prestigious seaside locations in Sardinia, with the possibility of enjoying large internal and external spaces, as usually requested by national and international buyers interested in buying second homes. Its projects include Cannigione Sunrise, I Villini del Poetto, Seaside Costa Paradiso, The Tower Calasetta, Castle View, and others.