National Chemical and Plastic Industries (IQS:INCP) ROCE % : 0.00% (As of . 20)

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What is National Chemical and Plastic Industries 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. National Chemical and Plastic Industries's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

National Chemical and Plastic Industries ROCE % Historical Data

The historical data trend for National Chemical and Plastic Industries'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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National Chemical and Plastic Industries ROCE % Chart

National Chemical and Plastic Industries Annual Data

Trend

ROCE %

National Chemical and Plastic Industries Quarterly Data

ROCE %

National Chemical and Plastic Industries ROCE % Calculation

National Chemical and Plastic Industries'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

National Chemical and Plastic Industries'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.

National Chemical and Plastic Industries (IQS:INCP) 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.

National Chemical and Plastic Industries ROCE % Related Terms

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National Chemical and Plastic Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » National Chemical and Plastic Industries (IQS:INCP) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Industrial Strip, Al-Zaafrania, Baghdad, IRQ

Website

http://www.ncpi.industry.gov.iq

National Chemical and Plastic Industries manufacture plastic materials and chemical products. The company produces polyols, TDI (Toluene Diisocyanate), silicones, PVC, low-density and high-density polyethylene, and polypropylene.

National Chemical and Plastic Industries Headlines

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