Higher Education And Vocational Book JSC (HSTC:HEV) ROCE % : 0.00% (As of . 20)

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What is Higher Education And Vocational Book 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. Higher Education And Vocational Book JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Higher Education And Vocational Book JSC ROCE % Historical Data

The historical data trend for Higher Education And Vocational Book JSC's ROCE % can be seen below:

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Higher Education And Vocational Book JSC ROCE % Chart

Higher Education And Vocational Book JSC Annual Data

Trend

ROCE %

Higher Education And Vocational Book JSC Quarterly Data

ROCE %

Higher Education And Vocational Book JSC ROCE % Calculation

Higher Education And Vocational Book 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Higher Education And Vocational Book 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 four times the quarterly (. 20) EBIT data.

Higher Education And Vocational Book JSC (HSTC:HEV) 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.

Higher Education And Vocational Book JSC ROCE % Related Terms

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Higher Education And Vocational Book JSC (HSTC:HEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Higher Education And Vocational Book JSC (HSTC:HEV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

25 Han Thuyen Street, Pham Dinh Ho Ward, Hai Ba Trung District, Hanoi, VNM

Website

http://www.hevobco.com.vn

Higher Education And Vocational Book JSC is engaged in editing, printing, and distributing educational books in Vietnam. It also engaged in the release of books, newspapers, magazines, maps, pictures, CDs, and other publications.

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