Dhaka Electric Supply Co (DHA:DESCO) ROCE % : 5.09% (As of Dec. 2024)

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What is Dhaka Electric Supply 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. Dhaka Electric Supply Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.09%.

Dhaka Electric Supply Co ROCE % Historical Data

The historical data trend for Dhaka Electric Supply 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.

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Dhaka Electric Supply Co ROCE % Chart

Dhaka Electric Supply Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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3.57

2.94

2.81

-8.76

-5.04

Dhaka Electric Supply Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-0.91	-4.19	-8.95	0.92	5.09

Dhaka Electric Supply Co ROCE % Calculation

Dhaka Electric Supply Co'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 )
	=	-2917.316	/	( ( (85919.019 - 24893.287)	+	(89397.002 - 34611.217) )	/ 2 )
	=	-2917.316	/	( (61025.732	+	54785.785)	/ 2 )
	=	-2917.316	/	57905.7585
	=	-5.04 %

Dhaka Electric Supply Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2812.312	/	( ( (89381.565 - 34568.493)	+	(86041.943 - 30372.773) )	/ 2 )
	=	2812.312	/	( ( 54813.072	+	55669.17 )	/ 2 )
	=	2812.312	/	55241.121
	=	5.09 %

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

Dhaka Electric Supply Co (DHA:DESCO) 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.

Dhaka Electric Supply Co ROCE % Related Terms

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Dhaka Electric Supply Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Dhaka Electric Supply Co Ltd (DHA:DESCO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

22/B Faruk Sarani, Nikunja-2, Khilkhet, Dhaka, BGD, 1229

Website

https://desco.gov.bd

Dhaka Electric Supply Co Ltd is a Bangladesh-based company engaged in the distribution of electricity. The firm provides electricity in various types of connections such as 230-volt single Phase, 400-volt three phases, 11 Kilo Volt Medium Tension, pre-paid connections, and post-paid connections. It also provides services that include transformer rental, electric line, and substation-related services, customer solar panel inspection, and tariff change service.

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