Apex Tannery (DHA:APEXTANRY) ROCE % : 0.00% (As of . 20)

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

Apex Tannery ROCE % Historical Data

The historical data trend for Apex Tannery'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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Apex Tannery ROCE % Chart

Apex Tannery Annual Data

Trend

ROCE %

Apex Tannery Semi-Annual Data

ROCE %

Apex Tannery ROCE % Calculation

Apex Tannery'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Apex Tannery'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.

Apex Tannery (DHA:APEXTANRY) 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.

Apex Tannery ROCE % Related Terms

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Apex Tannery (DHA:APEXTANRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Apex Tannery Ltd (DHA:APEXTANRY) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

BSCIC Chamra Shilpa Nagari, Plot no. XA1, XA2, XA3 and XS8, Hirindhara, Hemayetpur, Savar, Dhaka, BGD, 1340

Website

https://www.apextannery.com

Apex Tannery Ltd is engaged in the business of manufacturing leather goods. The activities of the company include producing leather using Italian chemicals, technology which complies with fashion and specifications.

Apex Tannery (DHA:APEXTANRY) Headlines

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