GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Decisive Dividend Corp (OTCPK:DEDVF) » Definitions » ROCE %

DEDVF (Decisive Dividend) ROCE % : 7.96% (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Decisive Dividend 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. Decisive Dividend's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.96%.

Decisive Dividend ROCE % Historical Data

The historical data trend for Decisive Dividend'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.

Decisive Dividend ROCE % Chart

Decisive Dividend Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.52 4.12 10.37 12.63 15.65

Decisive Dividend Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.22 13.96 4.97 1.20 7.96

Decisive Dividend ROCE % Calculation

Decisive Dividend's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=11.587/( ( (72.458 - 15.133) + (113.72 - 22.929) )/ 2 )
=11.587/( (57.325+90.791)/ 2 )
=11.587/74.058
=15.65 %

Decisive Dividend's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=7.98/( ( (119.537 - 19.442) + (121.882 - 21.573) )/ 2 )
=7.98/( ( 100.095 + 100.309 )/ 2 )
=7.98/100.202
=7.96 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

* 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.

Decisive Dividend  (OTCPK:DEDVF) 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.

Decisive Dividend ROCE % Related Terms

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

Decisive Dividend Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Decisive Dividend Corp (OTCPK:DEDVF) » Definitions » ROCE %
Comparable Companies
TSXV:SIQ.H TSXV:SN.H TSX:DIV ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002 TSE:8053 TSE:4901 HKSE:00001 TSE:8015 TSE:6971 BSP:ITSA3 MEX:GCARSOA1
Traded in Other Exchanges
PC9:Germany DE:Canada
Address
No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7
Website
https://www.decisivedividend.com
Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established strong leadershi..