TL Engineering Co (XKRX:413300) ROCE % : 0.00% (As of . 20)

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What is TL Engineering Co 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. TL Engineering Co's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

TL Engineering Co ROCE % Historical Data

The historical data trend for TL Engineering Co'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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TL Engineering Co ROCE % Chart

TL Engineering Co Annual Data

Trend

ROCE %

TL Engineering Co Semi-Annual Data

ROCE %

TL Engineering Co ROCE % Calculation

TL Engineering Co'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

TL Engineering Co'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 one times the annual (. 20) EBIT data.

TL Engineering Co (XKRX:413300) 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.

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TL Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TL Engineering Co Ltd (XKRX:413300) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Wonkwangmyeong-ro 37beon-gil, Gyeonggi-do, Gwangmyeong-si, KOR

Website

https://www.tleng.kr

TL Engineering Co Ltd is a cleanroom design and construction company which focuses on promotion, development, and cooperation, created a design reminiscent of the shape of an arrow that seems to become darker in color gradually.

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