Binh Minh Garment JSC (HSTC:BMG) ROCE % : 0.00% (As of . 20)

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What is Binh Minh Garment JSC 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. Binh Minh Garment JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Binh Minh Garment JSC ROCE % Historical Data

The historical data trend for Binh Minh Garment JSC'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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Binh Minh Garment JSC ROCE % Chart

Binh Minh Garment JSC Annual Data

Trend

ROCE %

Binh Minh Garment JSC Semi-Annual Data

ROCE %

Binh Minh Garment JSC ROCE % Calculation

Binh Minh Garment JSC'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Binh Minh Garment JSC'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.

Binh Minh Garment JSC (HSTC:BMG) 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.

Binh Minh Garment JSC ROCE % Related Terms

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Binh Minh Garment JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Binh Minh Garment JSC (HSTC:BMG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

440 No Trang Long Street, Ward 13, Quan Binh Thanh, Ho Chi Minh, VNM

Website

http://www.bmig.com.vn

Binh Minh Garment JSC is a Vietnamese company engaged in the manufacture of men's shirts.

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