Thai Nguyen Water JSC (HSTC:TNW) ROCE % : 0.00% (As of . 20)

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What is Thai Nguyen Water 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. Thai Nguyen Water JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Thai Nguyen Water JSC ROCE % Historical Data

The historical data trend for Thai Nguyen Water 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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Thai Nguyen Water JSC ROCE % Chart

Thai Nguyen Water JSC Annual Data

Trend

ROCE %

Thai Nguyen Water JSC Semi-Annual Data

ROCE %

Thai Nguyen Water JSC ROCE % Calculation

Thai Nguyen Water 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Thai Nguyen Water 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.

Thai Nguyen Water JSC (HSTC:TNW) 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.

Thai Nguyen Water JSC ROCE % Related Terms

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Thai Nguyen Water JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Thai Nguyen Water JSC (HSTC:TNW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Group 1, Ben Oanh Street, Trung Vuong Ward, Thai Nguyen Province, Thai Nguyen, VNM

Website

http://www.nuocsachthainguyen.vn

Thai Nguyen Water JSC is engaged in buying and selling clean water and non-alcoholic beverages; setting up investment projects, consulting, supervising, constructing technical infrastructure for water supply and drainage. The company has its main business in exploitation, treatment and supply of clean water.

Thai Nguyen Water JSC Headlines

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