Jungo Connectivity (XTAE:JNGO) ROCE % : 0.00% (As of . 20)

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What is Jungo Connectivity 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. Jungo Connectivity's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Jungo Connectivity ROCE % Historical Data

The historical data trend for Jungo Connectivity'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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Jungo Connectivity ROCE % Chart

Jungo Connectivity Annual Data

Trend

ROCE %

Jungo Connectivity Semi-Annual Data

ROCE %

Jungo Connectivity ROCE % Calculation

Jungo Connectivity'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Jungo Connectivity'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 one times the annual (. 20) EBIT data.

Jungo Connectivity (XTAE:JNGO) 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.

Jungo Connectivity ROCE % Related Terms

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Jungo Connectivity (XTAE:JNGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jungo Connectivity Ltd (XTAE:JNGO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1st Hamachshev Street, PO Box 8190, Netanya, ISR, 4250711

Website

https://www.jungo.com

Jungo Connectivity Ltd is engaged in the development of software that analyzes the condition of the driver and passengers using cameras inside the vehicle. Its products include WinDriver - PC driver development toolkit, MediaCore - automotive multimedia middleware, and DriverCore - PC USB communication drivers.

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