Bangladesh Shipping (DHA:BSC) ROCE % : 14.61% (As of Sep. 2024)

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What is Bangladesh Shipping 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 Shipping's annualized ROCE % for the quarter that ended in Sep. 2024 was 14.61%.

Bangladesh Shipping ROCE % Historical Data

The historical data trend for Bangladesh Shipping'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 Shipping ROCE % Chart

Bangladesh Shipping Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

4.35

4.99

11.40

11.79

11.62

Bangladesh Shipping Quarterly Data
	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													9.93	9.71	10.51	16.46	14.61

Bangladesh Shipping ROCE % Calculation

Bangladesh Shipping's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	3578.681	/	( ( (34254.395 - 4570.543)	+	(38115.295 - 6228.867) )	/ 2 )
	=	3578.681	/	( (29683.852	+	31886.428)	/ 2 )
	=	3578.681	/	30785.14
	=	11.62 %

Bangladesh Shipping'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 )
	=	4723.084	/	( ( (38115.295 - 6228.867)	+	(39978.336 - 7187.683) )	/ 2 )
	=	4723.084	/	( ( 31886.428	+	32790.653 )	/ 2 )
	=	4723.084	/	32338.5405
	=	14.61 %

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

Bangladesh Shipping (DHA:BSC) 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 Shipping ROCE % Related Terms

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Bangladesh Shipping Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangladesh Shipping Corp (DHA:BSC) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Saltgola Road, P.O. Box no. 641, BSC Bhaban, Chattogram, BGD, 4100

Website

https://bsc.portal.gov.bd

Bangladesh Shipping Corp is the national flag carrier engaged in shipping and ancillary businesses on International routes. Its Services are Liner Service, Chartering & Tramping service, Feeder Service, Crude Oil Carrying, Crude Oil Lightening, Food Grain Carrying, Food Grain lightening, Agency Service, and Ship Repair.

Bangladesh Shipping Headlines

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