Ghadir Investment Co (XTEH:GDIR1) ROCE % : 27.19% (As of Dec. 2018)

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What is Ghadir Investment Co 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. Ghadir Investment Co's annualized ROCE % for the quarter that ended in Dec. 2018 was 27.19%.

Ghadir Investment Co ROCE % Historical Data

The historical data trend for Ghadir Investment Co'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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Ghadir Investment Co ROCE % Chart

Ghadir Investment Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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12.27

19.52

12.45

22.36

27.19

Ghadir Investment Co Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
ROCE %	Get a 7-Day Free Trial			12.27	19.52	12.45	22.36	27.19

Ghadir Investment Co ROCE % Calculation

Ghadir Investment Co's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	76792908	/	( ( (377606436 - 130489260)	+	(474029973 - 156201305) )	/ 2 )
	=	76792908	/	( (247117176	+	317828668)	/ 2 )
	=	76792908	/	282472922
	=	27.19 %

Ghadir Investment Co's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2018 )		(Q: Dec. 2017 )		(Q: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2018 )		(Q: Dec. 2017 )		(Q: Dec. 2018 )
	=	76792908	/	( ( (377606436 - 130489260)	+	(474029973 - 156201305) )	/ 2 )
	=	76792908	/	( ( 247117176	+	317828668 )	/ 2 )
	=	76792908	/	282472922
	=	27.19 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2018) EBIT data.

Ghadir Investment Co (XTEH:GDIR1) 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.

Ghadir Investment Co ROCE % Related Terms

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Ghadir Investment Co (XTEH:GDIR1) Business Description

Industry

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N/A

Address

No. 347 West Mirdamad, Tehran, IRN

Website

http://www.ghadir-group.com

Ghadir Investment Co is a holding company based in Iran. The company through its subsidiaries concentrates on investments and attracting investments into various businesses and project across the construction, cement, transportation, petrochemicals and power industry.

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