R.N.Spinning Mills (DHA:RNSPIN) ROCE % : 0.00% (As of . 20)

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What is R.N.Spinning 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. R.N.Spinning Mills's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

R.N.Spinning Mills ROCE % Historical Data

The historical data trend for R.N.Spinning 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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R.N.Spinning Mills ROCE % Chart

R.N.Spinning Mills Annual Data

Trend

ROCE %

R.N.Spinning Mills Semi-Annual Data

ROCE %

R.N.Spinning Mills ROCE % Calculation

R.N.Spinning 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

R.N.Spinning 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.

R.N.Spinning Mills (DHA:RNSPIN) 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.

R.N.Spinning Mills ROCE % Related Terms

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R.N.Spinning Mills (DHA:RNSPIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » R.N.Spinning Mills Ltd (DHA:RNSPIN) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Road No. 12, Niketon, House No. 11, (5th Floor), Unit No. 5-B, Gulshan-1, Dhaka, BGD, 1212

Website

https://www.rnspinningmills.com

R.N.Spinning Mills Ltd is a Bangladesh-based company engaged in manufacturing, delivering and servicing of different types of acrylic and cotton yarn to its customers. It is engaged in the production and supply of synthetic, cotton and acrylic yarns in Bangladesh and internationally.

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