McDermott International (McDermott International) ROCE % : 0.00% (As of . 20)

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What is McDermott International 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. McDermott International's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

McDermott International ROCE % Historical Data

The historical data trend for McDermott International'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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McDermott International ROCE % Chart

McDermott International Annual Data

Trend

ROCE %

McDermott International Semi-Annual Data

ROCE %

McDermott International ROCE % Calculation

McDermott International'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

McDermott International'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 one times the annual (. 20) EBIT data.

McDermott International (OTCPK:MCDTF) 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.

McDermott International ROCE % Related Terms

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McDermott International (McDermott International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » McDermott International Ltd (OTCPK:MCDTF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MCDIF:USA

Address

915 N. Eldridge Parkway, Houston, TX, USA, 77079

Website

https://www.mcdermott.com

McDermott International Ltd is a fully-integrated provider of engineering and construction solutions to the energy industry. The company provides fabrication services, field construction services, modular construction services, supply chain management, and consulting services.

McDermott International (McDermott International) Headlines

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