Bangladesh Welding Electrodes (DHA:BDWELDING) ROCE % : 0.00% (As of . 20)

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What is Bangladesh Welding Electrodes 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. Bangladesh Welding Electrodes's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Bangladesh Welding Electrodes ROCE % Historical Data

The historical data trend for Bangladesh Welding Electrodes'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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Bangladesh Welding Electrodes ROCE % Chart

Bangladesh Welding Electrodes Annual Data

Trend

ROCE %

Bangladesh Welding Electrodes Semi-Annual Data

ROCE %

Bangladesh Welding Electrodes ROCE % Calculation

Bangladesh Welding Electrodes'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Bangladesh Welding Electrodes'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.

Bangladesh Welding Electrodes (DHA:BDWELDING) 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.

Bangladesh Welding Electrodes ROCE % Related Terms

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Bangladesh Welding Electrodes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bangladesh Welding Electrodes Ltd (DHA:BDWELDING) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mukto Bangla Shopping Complex, Space No. 189-192, 7th Floor, Eastern Side, Mirpur Section-1, Dhaka, BGD, 1216

Website

http://www.bwelbd.com

Bangladesh Welding Electrodes Ltd manufactures welding electrodes. The Company owens quality-testing laboratory for in house testing of chemical composition and mechanical properties of core wire and all weld metal of electrodes.

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