Rade Koncar a.d (XBEL:RDKN) ROCE % : 0.00% (As of . 20)

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What is Rade Koncar a.d 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. Rade Koncar a.d's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Rade Koncar a.d ROCE % Historical Data

The historical data trend for Rade Koncar a.d'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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Rade Koncar a.d ROCE % Chart

Rade Koncar a.d Annual Data

Trend

ROCE %

Rade Koncar a.d Semi-Annual Data

ROCE %

Rade Koncar a.d ROCE % Calculation

Rade Koncar a.d'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Rade Koncar a.d'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.

Rade Koncar a.d (XBEL:RDKN) 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.

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Rade Koncar a.d (XBEL:RDKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rade Koncar a.d (XBEL:RDKN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zemunski put 3, Novi Beograd, SRB, 11070

Website

Rade Koncar a.d engaged in providing maintenance and repair of motor vehicles.

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