DMFG (Decker Manufacturing) ROCE % : 5.28% (As of Sep. 2024)

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What is Decker Manufacturing 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. Decker Manufacturing's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.28%.

Decker Manufacturing ROCE % Historical Data

The historical data trend for Decker Manufacturing'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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Decker Manufacturing ROCE % Chart

Decker Manufacturing Annual Data

Trend

ROCE %

Decker Manufacturing Quarterly Data
	Sep22	Jun23	Sep23	Jun24	Sep24
ROCE %	-	-	6.92	5.85	5.28

Decker Manufacturing ROCE % Calculation

Decker Manufacturing'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Decker Manufacturing's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1.572	/	( ( (36.069 - 6.717)	+	(38.975 - 8.738) )	/ 2 )
	=	1.572	/	( ( 29.352	+	30.237 )	/ 2 )
	=	1.572	/	29.7945
	=	5.28 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Decker Manufacturing (OTCPK:DMFG) 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.

Decker Manufacturing ROCE % Related Terms

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Decker Manufacturing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Decker Manufacturing Corp (OTCPK:DMFG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

703 North Clark Street, Albion, MI, USA, 49224

Website

https://www.deckernut.com

Decker Manufacturing Corp is are engaged in the manufacture and distribution of cold-headed industrial fasteners and pipe plugs to customers in North America. Its products include locknuts, flange nuts, hex nuts, weld nuts, pipe plugs, and other industrial fasteners.

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