Ocean Glass PCL (BKK:OGC-F) ROCE % : -3.70% (As of Mar. 2025)

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What is Ocean Glass PCL 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. Ocean Glass PCL's annualized ROCE % for the quarter that ended in Mar. 2025 was -3.70%.

Ocean Glass PCL ROCE % Historical Data

The historical data trend for Ocean Glass PCL'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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Ocean Glass PCL ROCE % Chart

Ocean Glass PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-11.89

1.21

2.16

2.39

-3.11

Ocean Glass PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															-6.11	-7.58	-12.59	14.03	-3.70

Ocean Glass PCL ROCE % Calculation

Ocean Glass PCL's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-73.614	/	( ( (3850.015 - 1445.335)	+	(3927.253 - 1602.56) )	/ 2 )
	=	-73.614	/	( (2404.68	+	2324.693)	/ 2 )
	=	-73.614	/	2364.6865
	=	-3.11 %

Ocean Glass PCL's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	-84.736	/	( ( (3927.253 - 1602.56)	+	(3918.829 - 1664.635) )	/ 2 )
	=	-84.736	/	( ( 2324.693	+	2254.194 )	/ 2 )
	=	-84.736	/	2289.4435
	=	-3.70 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Ocean Glass PCL (BKK:OGC-F) 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.

Ocean Glass PCL ROCE % Related Terms

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Ocean Glass PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ocean Glass PCL (BKK:OGC-F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OGC:Thailand

Address

Sukhumvit 19 Road, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110

Website

https://www.oceanglass.com

Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.

Ocean Glass PCL Headlines

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