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Silic (LTS:0MGK) ROCE % : 4.94% (As of Jun. 2013)


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What is Silic 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. Silic's annualized ROCE % for the quarter that ended in Jun. 2013 was 4.94%.


Silic ROCE % Historical Data

The historical data trend for Silic'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.

* Premium members only.

Silic ROCE % Chart

Silic Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.43 4.30 5.11 4.03

Silic Semi-Annual Data
Dec09 Jun10 Dec10 Dec11 Jun12 Dec12 Jun13
ROCE % Get a 7-Day Free Trial 4.03 5.72 4.12 4.18 4.94

Silic ROCE % Calculation

Silic's annualized ROCE % for the fiscal year that ended in Dec. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=72.406/( ( (2181.11 - 461.973) + (2173.329 - 297.574) )/ 2 )
=72.406/( (1719.137+1875.755)/ 2 )
=72.406/1797.446
=4.03 %

Silic's ROCE % of for the quarter that ended in Jun. 2013 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2013 )  (Q: Dec. 2012 )(Q: Jun. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2013 )  (Q: Dec. 2012 )(Q: Jun. 2013 )
=89.158/( ( (2173.329 - 297.574) + (2186.369 - 455.954) )/ 2 )
=89.158/( ( 1875.755 + 1730.415 )/ 2 )
=89.158/1803.085
=4.94 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2013) 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.


Silic  (LTS:0MGK) 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.


Silic ROCE % Related Terms

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Silic (LTS:0MGK) Business Description

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Silic is engaged in the development, ownership, and operation of Business Parks. The company's investment portfolio includes, Business Parks, Multi-purpose business parks, and Retail parks.

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