Galfinband Galati (BSE:GALF) ROCE % : 0.00% (As of . 20)

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

Galfinband Galati ROCE % Historical Data

The historical data trend for Galfinband Galati's ROCE % can be seen below:

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Galfinband Galati ROCE % Chart

Galfinband Galati Annual Data

Trend

ROCE %

Galfinband Galati Semi-Annual Data

ROCE %

Galfinband Galati ROCE % Calculation

Galfinband Galati'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Galfinband Galati'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.

Galfinband Galati (BSE:GALF) 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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Galfinband Galati Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Galfinband SA Galati (BSE:GALF) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Strada Smardan Nr. 2A, Galati, ROU, 800701

Website

http://www.galfinband.ro

Galfinband SA Galati produces and sells steel products in Romania. Its products include Cold Rolled Steel Strips and Galvanized, Metal-coated steel, Packing steel strips, Galvanized clamps for stapling bands, Steel cored wire filled with Si-Ca, graphite, sulphur, and other material.

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