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Olympic Accessories (DHA:OAL) ROCE % : 0.00% (As of . 20)


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


Olympic Accessories ROCE % Historical Data

The historical data trend for Olympic Accessories'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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Olympic Accessories ROCE % Chart

Olympic Accessories Annual Data
Trend
ROCE %

Olympic Accessories Semi-Annual Data
ROCE %

Olympic Accessories ROCE % Calculation

Olympic Accessories'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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Olympic Accessories'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.

* 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.


Olympic Accessories  (DHA:OAL) 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.


Olympic Accessories ROCE % Related Terms

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Olympic Accessories Business Description

Traded in Other Exchanges
N/A
Address
Saiham Sky View Tower, 5th Floor, 45, Bijoy Nagar, Dhaka, BGD, 1000
Olympic Accessories Ltd is engaged in manufacturing, processing, printing, cutting, sealing and assembling of all kinds of Carton, Poly Beg, Hanger, Elastic, Draw Cord, Back Board, Neck Board, Interlining, Bar code, and Hangtag.

Olympic Accessories Headlines

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