Market Cap : | Enterprise Value : | PE Ratio : At Loss | PB Ratio : |
---|
OTCPK:GRPAQ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
OTCPK:GRPAQ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. 's annualized ROCE % for the quarter that ended in . 20 was 0.00%.
The historical data trend for '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.
Semi-Annual Data |
ROCE % |
'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 ) | |||||
= | / | ( ( ( - ) | + | ( - ) ) | / ) | ||
= | / | ( ( | + | ) | / ) | ||
= | / | ||||||
= | % |
'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.
* 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.
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.
Thank you for viewing the detailed overview of 's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
From GuruFocus
By ACCESSWIRE 04-01-2022
By ACCESSWIRE 03-31-2022
By ACCESSWIRE 03-31-2022
Other Sources
By Fool 2022-04-06
By Fool 2022-04-05
By Fool 2022-04-05
By Fool 2022-04-05
By Fool 2022-04-06
By Fool 2022-04-03
By Fool 2022-04-04
By Fool 2022-04-06
By Fool 2022-04-06
By Fool 2022-04-04
By Fool 2022-04-05
By Fool 2022-04-05
By Fool 2022-04-05
By Fool 2022-04-04
By Fool 2022-04-04