Linde Bangladesh (DHA:LINDEBD) ROCE % : 16.22% (As of Sep. 2023)

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

What is Linde Bangladesh 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. Linde Bangladesh's annualized ROCE % for the quarter that ended in Sep. 2023 was 16.22%.

Linde Bangladesh ROCE % Historical Data

The historical data trend for Linde Bangladesh'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.

Linde Bangladesh ROCE % Chart

Linde Bangladesh Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

28.52

29.94

23.81

22.91

16.67

Linde Bangladesh Quarterly Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															16.53	10.06	10.20	10.43	16.22

Linde Bangladesh ROCE % Calculation

Linde Bangladesh's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	1136.381	/	( ( (8406.141 - 1592.7)	+	(8410.218 - 1589.388) )	/ 2 )
	=	1136.381	/	( (6813.441	+	6820.83)	/ 2 )
	=	1136.381	/	6817.1355
	=	16.67 %

Linde Bangladesh's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	1057.52	/	( ( (8689.44 - 2266.291)	+	(8671.242 - 2052.377) )	/ 2 )
	=	1057.52	/	( ( 6423.149	+	6618.865 )	/ 2 )
	=	1057.52	/	6521.007
	=	16.22 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Linde Bangladesh (DHA:LINDEBD) 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.

Linde Bangladesh ROCE % Related Terms

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

Linde Bangladesh (DHA:LINDEBD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Linde Bangladesh Ltd (DHA:LINDEBD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

285 Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

http://www.linde.com.bd

Linde Bangladesh Ltd is engaged in providing gas and engineering solutions. The company manufactures and supply of industrial and medical gases, welding products and equipment, and ancillary equipment. The company segments include Bulk gases, Package gases and products (PG&P), and Healthcare. The company generates maximum revenue from the Package gases and products segment through which it manufactures and supplies industrial compressed packaged gases and wielding goods which include compressed industrial oxygen, dissolved acetylene, nitrogen, argon, carbon dioxide, and electrodes. Its products include Industrial gases, Hardgoods filler materials and equipment, and medical gases and equipment.

Linde Bangladesh (DHA:LINDEBD) Headlines

No Headlines