Din Textile Mills (KAR:DINT) ROCE % : 0.00% (As of . 20)

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What is Din Textile Mills 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. Din Textile Mills's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Din Textile Mills ROCE % Historical Data

The historical data trend for Din Textile Mills'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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Din Textile Mills ROCE % Chart

Din Textile Mills Annual Data

Trend

ROCE %

Din Textile Mills Quarterly Data

ROCE %

Din Textile Mills ROCE % Calculation

Din Textile Mills'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Din Textile Mills'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.

Din Textile Mills (KAR:DINT) 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.

Din Textile Mills ROCE % Related Terms

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Din Textile Mills (KAR:DINT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Din Textile Mills Ltd (KAR:DINT) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

M.T. Khan Road, Opposite Beach Luxury Hotel, Din House, 35-A/1, Lalazar Area, P.O. Box 4696, Karachi, SD, PAK, 74000

Website

https://www.dingroup.com

Din Textile Mills Ltd is engaged in the manufacturing and sale of yarn. The operating segment of the company are Spinning, Weaving and Other segment. Its product portfolio comprises of combed compact yarn, core spun lycra yarn, slub lycra yarn, dyed yarn, melange yarn, and ply yarn. A substantial part of the overall revenue of the company is generated from the spinning segment.

Din Textile Mills (KAR:DINT) Headlines

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By GuruFocus Research GuruFocus Editor • 08-13-2021