Rahim Textile Mills (DHA:RAHIMTEXT) ROCE % : 0.00% (As of . 20)

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What is Rahim Textile Mills 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. Rahim Textile Mills's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Rahim Textile Mills ROCE % Historical Data

The historical data trend for Rahim Textile Mills'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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Rahim Textile Mills ROCE % Chart

Rahim Textile Mills Annual Data

Trend

ROCE %

Rahim Textile Mills Semi-Annual Data

ROCE %

Rahim Textile Mills ROCE % Calculation

Rahim Textile Mills'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Rahim Textile Mills'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.

Rahim Textile Mills (DHA:RAHIMTEXT) 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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Rahim Textile Mills (DHA:RAHIMTEXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Rahim Textile Mills PLC (DHA:RAHIMTEXT) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Mehnaj Monsur Tower, House Number 11/A, Road Number 130, Gulshan-1, Dhaka, BGD, 1212

Website

http://www.rahimtextile.com

Rahim Textile Mills Ltd is a vertically integrated apparel manufacturing company. The company produces greige yarn (for both knitted and denim garments), denim fabric, knitted garments, sweater garments and denim garments.

Rahim Textile Mills (DHA:RAHIMTEXT) Headlines

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