New Line Clothings (DHA:NEWLINE) ROCE % : 0.00% (As of . 20)

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What is New Line Clothings 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. New Line Clothings's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

New Line Clothings ROCE % Historical Data

The historical data trend for New Line Clothings'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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New Line Clothings ROCE % Chart

New Line Clothings Annual Data

Trend

ROCE %

New Line Clothings Semi-Annual Data

ROCE %

New Line Clothings ROCE % Calculation

New Line Clothings'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

New Line Clothings'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.

New Line Clothings (DHA:NEWLINE) 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.

New Line Clothings ROCE % Related Terms

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New Line Clothings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » New Line Clothings Ltd (DHA:NEWLINE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kamrangachala, Mouchak, Kaliakair, Plot Number 1945, Kauchuakuri, Gazipur, BGD, 1751

Website

http://www.newline.com.bd

New Line Clothings Ltd is a Bangladesh based company engaged in manufacturing of woven Garments for both ladies and gents. The product portfolio of the company include trousers, shirts, children wear, gents wear, female wear, jackets, Sportswear and denim garments among others.

New Line Clothings Headlines

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