Romnav Braila (BSE:BRNA) ROCE % : 0.00% (As of . 20)

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What is Romnav Braila 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. Romnav Braila's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Romnav Braila ROCE % Historical Data

The historical data trend for Romnav Braila'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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Romnav Braila ROCE % Chart

Romnav Braila Annual Data

Trend

ROCE %

Romnav Braila Quarterly Data

ROCE %

Romnav Braila ROCE % Calculation

Romnav Braila'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Romnav Braila'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 four times the quarterly (. 20) EBIT data.

Romnav Braila (BSE:BRNA) 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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Romnav Braila (BSE:BRNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Romnav SA Braila (BSE:BRNA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street Anghel Saligny, Nr. 4, Braila, ROU, 810118

Website

https://www.romnav.ro

Romnav SA Braila operates in water transport. The company provides freight water transport. The activities of the company include general freight transport with uncovered and uncovered barges, and freight handling with floating cranes, and ferry boats.

Romnav Braila (BSE:BRNA) Headlines

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