Sinobangla Industries (DHA:SINOBANGLA) ROCE % : 0.00% (As of . 20)

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

Sinobangla Industries ROCE % Historical Data

The historical data trend for Sinobangla Industries'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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Sinobangla Industries ROCE % Chart

Sinobangla Industries Annual Data

Trend

ROCE %

Sinobangla Industries Semi-Annual Data

ROCE %

Sinobangla Industries ROCE % Calculation

Sinobangla Industries'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Sinobangla Industries'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.

Sinobangla Industries (DHA:SINOBANGLA) 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.

Sinobangla Industries ROCE % Related Terms

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Sinobangla Industries (DHA:SINOBANGLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sinobangla Industries Ltd (DHA:SINOBANGLA) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

6 PanthapathNavana DH Tower, Suite Number 901 and 902, 9th floor, Dhaka, BGD, 1215

Website

https://www.sinobangla.com

Sinobangla Industries Ltd manufactures FIBC (jumbo bags), multilayer kraft paper, PP woven bags for packaging construction materials, cement fertilizers, rice, animal and fish feed, salt, food grains, etc. in Bangladesh.

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