Meghna Condensed Milk Industries (DHA:MEGCONMILK) ROCE % : 0.00% (As of . 20)

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What is Meghna Condensed Milk Industries 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. Meghna Condensed Milk Industries's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Meghna Condensed Milk Industries ROCE % Historical Data

The historical data trend for Meghna Condensed Milk Industries'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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Meghna Condensed Milk Industries ROCE % Chart

Meghna Condensed Milk Industries Annual Data

Trend

ROCE %

Meghna Condensed Milk Industries Semi-Annual Data

ROCE %

Meghna Condensed Milk Industries ROCE % Calculation

Meghna Condensed Milk Industries'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Meghna Condensed Milk Industries'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.

Meghna Condensed Milk Industries (DHA:MEGCONMILK) 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.

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Meghna Condensed Milk Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Meghna Condensed Milk Industries Ltd (DHA:MEGCONMILK) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

55, Purana Paltan, Meghana Industrial complex 2, Dhaka, BGD, 1000

Website

http://www.mgoldbd.com

Meghna Condensed Milk Industries Ltd manufactures condensed milk in Bangladesh.

Meghna Condensed Milk Industries Headlines

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