PV Oil Lube JSC (HSTC:PVO) ROCE % : 0.00% (As of . 20)

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What is PV Oil Lube 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. PV Oil Lube JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

PV Oil Lube JSC ROCE % Historical Data

The historical data trend for PV Oil Lube 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.
* 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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PV Oil Lube JSC ROCE % Chart

PV Oil Lube JSC Annual Data

Trend

ROCE %

PV Oil Lube JSC Semi-Annual Data

ROCE %

PV Oil Lube JSC ROCE % Calculation

PV Oil Lube 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

PV Oil Lube 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.

PV Oil Lube JSC (HSTC:PVO) 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.

PV Oil Lube JSC ROCE % Related Terms

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PV Oil Lube JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PV Oil Lube JSC (HSTC:PVO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 201 Dien Bien Phu, Ward 15, Binh Thanh District, Ho Chi Minh, VNM

Website

http://www.pvoillube.vn

PV Oil Lube JSC is engaged in the production and trading of lubricating grease products, specialized lubricating products, and chemical, and petrochemical solvent products. The company is also involved in the production and trading of equipment serving the field of Industrial and Civil lubricants.

PV Oil Lube JSC Headlines

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