Knowlton Development (Knowlton Development) ROCE % : 0.52% (As of Jul. 2021)

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What is Knowlton Development 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. Knowlton Development's annualized ROCE % for the quarter that ended in Jul. 2021 was 0.52%.

Knowlton Development ROCE % Historical Data

The historical data trend for Knowlton Development'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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Knowlton Development ROCE % Chart

Knowlton Development Annual Data

Trend

Apr20

Apr21

ROCE %

-1.72

-2.31

Knowlton Development Quarterly Data
	Apr20	Jul20	Apr21	Jul21
ROCE %	-	1.35	-	0.52

Knowlton Development ROCE % Calculation

Knowlton Development's annualized ROCE % for the fiscal year that ended in Apr. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2021 )		(A: Apr. 2020 )		(A: Apr. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2021 )		(A: Apr. 2020 )		(A: Apr. 2021 )
	=	-71.3	/	( ( (3592.4 - 474)	+	(3574.1 - 522.9) )	/ 2 )
	=	-71.3	/	( (3118.4	+	3051.2)	/ 2 )
	=	-71.3	/	3084.8
	=	-2.31 %

Knowlton Development's ROCE % of for the quarter that ended in Jul. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2021 )		(Q: Apr. 2021 )		(Q: Jul. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2021 )		(Q: Apr. 2021 )		(Q: Jul. 2021 )
	=	16	/	( ( (3574.1 - 522.9)	+	(3640.1 - 538.2) )	/ 2 )
	=	16	/	( ( 3051.2	+	3101.9 )	/ 2 )
	=	16	/	3076.55
	=	0.52 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2021) EBIT data.

Knowlton Development (NYSE:KDC) 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.

Knowlton Development ROCE % Related Terms

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Knowlton Development (Knowlton Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Knowlton Development Corp Inc (NYSE:KDC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

375 Roland-Therrien Boulevard, Suite 210, Longueuil, QC, CAN, J4H 4A6

Website

https://www.kdc-one.com

Knowlton Development Corp Inc is involved in the formulation, design, packaging and manufacturing of beauty, personal care, and home care products. It offers skin care, body and hair care, soaps and sanitizers, cosmetics, deodorants, sun care, fragrances, air care, fabric care, pest control and surface care products.