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United-Guardian (United-Guardian) ROCE % : 28.65% (As of Dec. 2023)


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What is United-Guardian 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. United-Guardian's annualized ROCE % for the quarter that ended in Dec. 2023 was 28.65%.


United-Guardian ROCE % Historical Data

The historical data trend for United-Guardian'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.

United-Guardian ROCE % Chart

United-Guardian Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.61 33.78 55.53 42.12 27.72

United-Guardian Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.81 34.51 20.17 27.22 28.65

United-Guardian ROCE % Calculation

United-Guardian's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=2.863/( ( (10.64 - 1.374) + (12.923 - 1.534) )/ 2 )
=2.863/( (9.266+11.389)/ 2 )
=2.863/10.3275
=27.72 %

United-Guardian's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=3.164/( ( (12.173 - 1.474) + (12.923 - 1.534) )/ 2 )
=3.164/( ( 10.699 + 11.389 )/ 2 )
=3.164/11.044
=28.65 %

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


United-Guardian  (NAS:UG) 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.


United-Guardian ROCE % Related Terms

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United-Guardian (United-Guardian) Business Description

Traded in Other Exchanges
N/A
Address
230 Marcus Boulevard, Hauppauge, NY, USA, 11788
United-Guardian Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and specialty industrial products. Its product portfolio includes Klensoft, Deselex, Renacidin, Lubrajel Fluid and others. The company's pharmaceutical products are sold to and distributed by full-line drug wholesalers throughout the United States. Its medical and specialty industrial products are sold directly by the company to the end-users of those products or, in some cases, to contract manufacturers used by some of those end users. It derives key revenue from the sales made in the U.S.
Executives
Donna Vigilante officer: President 428 NORTH ERIE AVE, LINDENHURST NY 11757
Beatriz Blanco director, officer: Chief Executive Officer 230 MARCUS BOULEVARD, HAUPPAUGE NY 11788
Joseph J Vernice officer: Vice President C/O UNITED GUARDIAN INC, 230 MARCUS BLVD P O BOX 18050, HAUPPAUGE NY 11788
Betsee Parker 10 percent owner C/O MILDRED F. SLATER, 9005 JOHN S. MOSBY HIGHWAY, UPPERVILLE VA 20185
Arthur Dresner director C/O UNITED GUARDIAN INC, 230 MARCUS BLVD PO BOX 18050, HAUPPAUGE NY 11788
Kenneth H Globus director, 10 percent owner, officer: President & General Counsel C/O UNITED-GUARDIAN, INC., 230 MARCUS BLVD., P.O. BOX 18050, HAUPPAUGE NY 11788
Henry P Globus director C/O UNITED GUARDIAN INC, 230 MARCUS BLVD PO BOX 18050, HAUPPAUGE NY 11788
Derek Hampson officer: Vice President
Peter A Hiltunen officer: Vioe President C/O UNITED GUARDIAN INC, 230 MARCUS BLVD, HAUPPAUGE NY 117088
Nolan Christopher William Sr director 15 TILGHMAN DRIVE, WAYNE NJ 07470
Alfred R Globus director, 10 percent owner, officer: Chief Executive Officer C/O UNITED-GUARDIAN, INC., 230 MARCUS BLVD., P.O. BOX 18050, HAUPPAUGE NY 11788
Robert S Rubinger director, officer: Exec.V.P., Secretary, Treas.
Andrew A Boccone director C/O UNITED GUARDIAN INC, 230 MERCUS BLVD P O BOX 18050, HAUPPAUGE NY 11788
Charles W Castanza director, officer: Senior Vice President C/O UNITED GUARDIAN INC, 230 MARCUS BLVD PO BOX 18050, HAUPPAUGE NY 11788
Cecile Brophy officer: Controller

United-Guardian (United-Guardian) Headlines