Rudnik Kovin a.d (XBEL:RDKV) ROCE % : 0.00% (As of . 20)

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

Rudnik Kovin a.d ROCE % Historical Data

The historical data trend for Rudnik Kovin 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.
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Rudnik Kovin a.d ROCE % Chart

Rudnik Kovin a.d Annual Data

Trend

ROCE %

Rudnik Kovin a.d Semi-Annual Data

ROCE %

Rudnik Kovin a.d ROCE % Calculation

Rudnik Kovin 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Rudnik Kovin 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.

Rudnik Kovin a.d (XBEL:RDKV) 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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Rudnik Kovin a.d Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Rudnik Kovin a.d (XBEL:RDKV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cara Lazara No. 85, Kovin, SRB, 26220

Website

https://www.rudnikkovin.rs

Rudnik Kovin a.d is engaged in the underwater mining of coal.

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