Confectii Vaslui (BSE:COVB) ROCE % : 0.00% (As of . 20)

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

Confectii Vaslui ROCE % Historical Data

The historical data trend for Confectii Vaslui'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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Confectii Vaslui ROCE % Chart

Confectii Vaslui Annual Data

Trend

ROCE %

Confectii Vaslui Semi-Annual Data

ROCE %

Confectii Vaslui ROCE % Calculation

Confectii Vaslui'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Confectii Vaslui'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.

Confectii Vaslui (BSE:COVB) 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.

Confectii Vaslui ROCE % Related Terms

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Confectii Vaslui Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Confectii Vaslui SA (BSE:COVB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Strada Maresal Constantin Prezan, Nr. 11, Vaslui, ROU, 730091

Website

http://www.confectiivaslui.com

Confectii Vaslui SA is engaged in the manufacturing and selling of outerwear. The company specializes in producing lohn fabrics for men, women, and children. Products offered by the company include jackets, raincoats, blousons, anoraks, carcoats, waistcoats, skirts, trousers, and sportswear. Its products are made from a wide range of fabrics including fur and synthetic leather.

Confectii Vaslui Headlines

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