Dafora (BSE:DAFR) ROCE % : 0.00% (As of Jun. 2023)

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What is Dafora 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. Dafora's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

Dafora ROCE % Historical Data

The historical data trend for Dafora'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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Dafora ROCE % Chart

Dafora Annual Data

Trend

Dec12

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-8.18

12.16

-38.68

-44.18

Dafora Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Dafora ROCE % Calculation

Dafora'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 )
	=	-2.237	/	( ( (84.872 - 79.926)	+	(61.981 - 85.992) )	/ 2 )
	=	-2.237	/	( (4.946	+	-24.011)	/ 2 )
	=	-2.237	/	-9.5325
	=	23.47 %

Dafora's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-2.752	/	( ( (61.971 - 87.556)	+	(56.986 - 83.503) )	/ 2 )
	=	-2.752	/	( ( -25.585	+	-26.517 )	/ 2 )
	=	-2.752	/	-26.051
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

Dafora (BSE:DAFR) 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.

Dafora ROCE % Related Terms

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Dafora (BSE:DAFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dafora SA (BSE:DAFR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Str. Regele Ferdinand I, No.15, Medias, ROU, 551002

Website

http://www.dafora.ro

Dafora Ord provides drilling and construction services. The company's services include onshore drilling services for oil, natural gas and geothermal water, well testing and workover, transport and maintenance for drilling equipment. It provides services in South Africa, Tanzania, Uganda, Mozambique, Sudan, France, Bulgaria, Ukraine, Hungary, and Israel.

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