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Tuapse Ship Repair Yard OJSC (RTD:TSRZ) ROCE % : 0.00% (As of . 20)


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What is Tuapse Ship Repair Yard OJSC 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. Tuapse Ship Repair Yard OJSC's annualized ROCE % for the quarter that ended in . 20 was 0.00%.


Tuapse Ship Repair Yard OJSC ROCE % Historical Data

The historical data trend for Tuapse Ship Repair Yard OJSC'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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Tuapse Ship Repair Yard OJSC ROCE % Chart

Tuapse Ship Repair Yard OJSC Annual Data
Trend
ROCE %

Tuapse Ship Repair Yard OJSC Quarterly Data
ROCE %

Tuapse Ship Repair Yard OJSC ROCE % Calculation

Tuapse Ship Repair Yard OJSC'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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Tuapse Ship Repair Yard OJSC'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.

* 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.


Tuapse Ship Repair Yard OJSC  (RTD:TSRZ) 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.


Tuapse Ship Repair Yard OJSC ROCE % Related Terms

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Tuapse Ship Repair Yard OJSC (RTD:TSRZ) Business Description

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Tuapse Ship Repair Yard OJSC manufactures cylinder liners, piston rings and piston skirts for marine diesel engines. It also repairs sea vessels and ships, and conducts conversion and modernization procedures.

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