Eastern Cables (DHA:ECABLES) ROCE % : 0.00% (As of . 20)

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

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

Eastern Cables ROCE % Historical Data

The historical data trend for Eastern Cables'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.

Eastern Cables ROCE % Chart

Eastern Cables Annual Data

Trend

ROCE %

Eastern Cables Semi-Annual Data

ROCE %

Eastern Cables ROCE % Calculation

Eastern Cables'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Eastern Cables'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.

Eastern Cables (DHA:ECABLES) 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.

Eastern Cables ROCE % Related Terms

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

Eastern Cables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eastern Cables Ltd (DHA:ECABLES) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Patenga, Chattagong, BGD

Website

http://www.easterncables.gov.bd

Eastern Cables Ltd manufactures cables and conductors. The Company's products include PVC insulated and PVC sheathed single-core and multi-core low tension domestic cable, control, flexible, and power cables with copper conductors.

Eastern Cables Headlines

No Headlines