Tanga Cement Co (DAR:TCCL) ROCE % : 0.00% (As of . 20)

View and export this data going back to 1990. Start your Free Trial

What is Tanga Cement Co 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. Tanga Cement Co's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Tanga Cement Co ROCE % Historical Data

The historical data trend for Tanga Cement Co'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.

* Premium members only.

Tanga Cement Co ROCE % Chart

Tanga Cement Co Annual Data

Trend

ROCE %

Tanga Cement Co Semi-Annual Data

ROCE %

Tanga Cement Co ROCE % Calculation

Tanga Cement Co'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Tanga Cement Co'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.

Tanga Cement Co (DAR:TCCL) 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.

Tanga Cement Co ROCE % Related Terms

Thank you for viewing the detailed overview of Tanga Cement Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tanga Cement Co (DAR:TCCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tanga Cement Co Ltd (DAR:TCCL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Korogwe Road, Pongwe Factory Area, P O Box 5053, Tanga, TZA

Website

https://www.simbacement.co.tz

Tanga Cement Co Ltd is a supplier of cement in Tanzania. The company is a manufacturer of Simba cement brand products. Its main products include Simba imara-32.5R, Simba bora-42.5N and Simba barbara-32.5N.

Tanga Cement Co (DAR:TCCL) Headlines

No Headlines