Shaffi Chemical Industries (KAR:SHCI) ROCE % : 0.00% (As of . 20)

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

Shaffi Chemical Industries ROCE % Historical Data

The historical data trend for Shaffi Chemical 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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Shaffi Chemical Industries ROCE % Chart

Shaffi Chemical Industries Annual Data

Trend

ROCE %

Shaffi Chemical Industries Quarterly Data

ROCE %

Shaffi Chemical Industries ROCE % Calculation

Shaffi Chemical 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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Shaffi Chemical 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.

Shaffi Chemical Industries (KAR:SHCI) 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.

Shaffi Chemical Industries ROCE % Related Terms

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Shaffi Chemical Industries (KAR:SHCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shaffi Chemical Industries Ltd (KAR:SHCI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

23-Km, Multan Road, Mohlanwal, Lahore, PB, PAK

Website

https://www.scil.com.pk

Shaffi Chemical Industries Ltd is engaged in the manufacturing and processing of Di-Octyle-Ortho Phthalates chemicals and producing Lith and Diltex Binder.

Shaffi Chemical Industries (KAR:SHCI) Headlines

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