Vicem Gypsum and Cement JSC (HSTC:TXM) ROCE % : 0.00% (As of . 20)

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What is Vicem Gypsum and Cement 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. Vicem Gypsum and Cement JSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Vicem Gypsum and Cement JSC ROCE % Historical Data

The historical data trend for Vicem Gypsum and Cement 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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Vicem Gypsum and Cement JSC ROCE % Chart

Vicem Gypsum and Cement JSC Annual Data

Trend

ROCE %

Vicem Gypsum and Cement JSC Quarterly Data

ROCE %

Vicem Gypsum and Cement JSC ROCE % Calculation

Vicem Gypsum and Cement 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Vicem Gypsum and Cement 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.

Vicem Gypsum and Cement JSC (HSTC:TXM) 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.

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Vicem Gypsum and Cement JSC (HSTC:TXM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Vicem Gypsum and Cement JSC (HSTC:TXM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Ha Noi Street, TT Hue Province, Hue City, VNM

Website

https://www.thachcaoximang.com.vn

Vicem Gypsum and Cement JSC is engaged in manufacturing construction materials which include gypsum and grinds cement. It is also involved in Importing and trading all kinds of plaster.

Vicem Gypsum and Cement JSC (HSTC:TXM) Headlines

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