GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The National Detergent Co SAOG (MUS:NDTI) » Definitions » ROCE %

The National Detergent CoOG (MUS:NDTI) ROCE % : 8.56% (As of Jun. 2018)


View and export this data going back to 1982. Start your Free Trial

What is The National Detergent CoOG 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. The National Detergent CoOG's annualized ROCE % for the quarter that ended in Jun. 2018 was 8.56%.


The National Detergent CoOG ROCE % Historical Data

The historical data trend for The National Detergent CoOG'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.

* Premium members only.

The National Detergent CoOG ROCE % Chart

The National Detergent CoOG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.22 6.47 5.68 8.02 7.14

The National Detergent CoOG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.96 8.60 4.38 14.03 8.56

The National Detergent CoOG ROCE % Calculation

The National Detergent CoOG's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=1.266/( ( (26.102 - 8.044) + (25.072 - 7.664) )/ 2 )
=1.266/( (18.058+17.408)/ 2 )
=1.266/17.733
=7.14 %

The National Detergent CoOG's ROCE % of for the quarter that ended in Jun. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=1.456/( ( (26.112 - 9.142) + (27.114 - 10.047) )/ 2 )
=1.456/( ( 16.97 + 17.067 )/ 2 )
=1.456/17.0185
=8.56 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2018) EBIT data.

* 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.


The National Detergent CoOG  (MUS:NDTI) 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.


The National Detergent CoOG ROCE % Related Terms

Thank you for viewing the detailed overview of The National Detergent CoOG's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


The National Detergent CoOG (MUS:NDTI) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, PO Box 3104, Muscat, OMN, PC 112
The National Detergent Co SAOG manufactures and distributes detergent powders, liquid detergents, toilet soaps, shampoos, and other industrial cleaners. The company is in the cleaning care solutions industry. It operates in business segments that are Consumer Products; which is engaged in the manufacture, marketing and distribution of detergent powders, liquid detergents, hand wash liquids, toilet soaps, and fabric care, and Sulphonation segment; which is engaged in the manufacture of Sulphonic Acid, a surface active agent used in the detergent. The consumer product segment earns maximum revenue for the company. Geographically the company provides its product throughout Oman region.

The National Detergent CoOG (MUS:NDTI) Headlines

No Headlines