Esquire Knit Composite (DHA:ESQUIRENIT) ROCE % : 0.00% (As of . 20)

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What is Esquire Knit Composite 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. Esquire Knit Composite's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Esquire Knit Composite ROCE % Historical Data

The historical data trend for Esquire Knit Composite'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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Esquire Knit Composite ROCE % Chart

Esquire Knit Composite Annual Data

Trend

ROCE %

Esquire Knit Composite Semi-Annual Data

ROCE %

Esquire Knit Composite ROCE % Calculation

Esquire Knit Composite'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Esquire Knit Composite'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.

Esquire Knit Composite (DHA:ESQUIRENIT) 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.

Esquire Knit Composite ROCE % Related Terms

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Esquire Knit Composite Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Esquire Knit Composite PLC (DHA:ESQUIRENIT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Shaheed Tajuddin Ahmed Sarani, Esquire Tower, Tejgaon Industrial area, Dhaka, BGD, 1208

Website

https://www.esquireknit.com

Esquire Knit Composite PLC is engaged in manufacturing different types of readymade knit garments and selling the finished products to foreign buyers. The company's units of production includes Knitting Unit, Fabric Dyeing Unit, Printing Unit, Industrial Laundry and Garments Unit among others.

Esquire Knit Composite Headlines

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