Shasha Denims (DHA:SHASHADNIM) ROCE % : 0.00% (As of . 20)

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

Shasha Denims ROCE % Historical Data

The historical data trend for Shasha Denims'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.
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Shasha Denims ROCE % Chart

Shasha Denims Annual Data

Trend

ROCE %

Shasha Denims Semi-Annual Data

ROCE %

Shasha Denims ROCE % Calculation

Shasha Denims'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Shasha Denims'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.

Shasha Denims (DHA:SHASHADNIM) 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.

Shasha Denims ROCE % Related Terms

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Shasha Denims (DHA:SHASHADNIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shasha Denims Ltd (DHA:SHASHADNIM) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Road no. 129, House no. 23, Gulshan – 1, Dhaka, BGD, 1230

Website

https://www.shashadenims.com

Shasha Denims Ltd is a Bangladesh-based company engaged in manufacturing, Dyeing, Weaving & Finishing of Denim Fabric and exporting the same.

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