Drina trans a.d (XBLB:DRTR-R-A) ROCE % : 0.00% (As of . 20)

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What is Drina trans a.d 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. Drina trans a.d's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Drina trans a.d ROCE % Historical Data

The historical data trend for Drina trans a.d's ROCE % can be seen below:

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Drina trans a.d ROCE % Chart

Drina trans a.d Annual Data

Trend

ROCE %

Drina trans a.d Quarterly Data

ROCE %

Drina trans a.d ROCE % Calculation

Drina trans a.d'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Drina trans a.d'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.

Drina trans a.d (XBLB:DRTR-R-A) 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.

Drina trans a.d ROCE % Related Terms

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Drina trans a.d (XBLB:DRTR-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Drina trans a.d (XBLB:DRTR-R-A) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Karakaj 40B, Zvornik, BIH, 75400

Website

http://www.drinatrans.com

Drina trans a.d operates in the railroads industry in Bosnia and Herzegovina. The activities of the company include providing driving school, fiscal cash register service, taksimetar service, air conditioner service, issuance of premises, and repair services.

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