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RJD Green (RJD Green) ROCE % : 34.68% (As of Aug. 2023)


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What is RJD Green 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. RJD Green's annualized ROCE % for the quarter that ended in Aug. 2023 was 34.68%.


RJD Green ROCE % Historical Data

The historical data trend for RJD Green'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.

RJD Green ROCE % Chart

RJD Green Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
ROCE %
Get a 7-Day Free Trial Premium Member Only -15.25 - - 51.72 34.68

RJD Green Semi-Annual Data
Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
ROCE % Get a 7-Day Free Trial Premium Member Only -15.25 - - 51.72 34.68

RJD Green ROCE % Calculation

RJD Green's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=0.645/( ( (2.025 - 0.427) + (2.456 - 0.334) )/ 2 )
=0.645/( (1.598+2.122)/ 2 )
=0.645/1.86
=34.68 %

RJD Green's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2023 )  (Q: Aug. 2022 )(Q: Aug. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2023 )  (Q: Aug. 2022 )(Q: Aug. 2023 )
=0.645/( ( (2.025 - 0.427) + (2.456 - 0.334) )/ 2 )
=0.645/( ( 1.598 + 2.122 )/ 2 )
=0.645/1.86
=34.68 %

(1) Note: The EBIT data used here is one times the annual (Aug. 2023) 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.


RJD Green  (OTCPK:RJDG) 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.


RJD Green ROCE % Related Terms

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RJD Green (RJD Green) Business Description

Traded in Other Exchanges
N/A
Address
5151 South Mingo Road, Suite F, Tulsa, OK, USA, 741146
RJD Green Inc a development stage company. The company is focused on acquiring and managing assets and companies. It operates in three sectors namely Green environmental, Energy and Specialty contracting services sectors.

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