Nepal Lube Oil (XNEP:NLO) ROCE % : 0.00% (As of . 20)

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What is Nepal Lube Oil 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. Nepal Lube Oil's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Nepal Lube Oil ROCE % Historical Data

The historical data trend for Nepal Lube Oil'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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Nepal Lube Oil ROCE % Chart

Nepal Lube Oil Annual Data

Trend

ROCE %

Nepal Lube Oil Semi-Annual Data

ROCE %

Nepal Lube Oil ROCE % Calculation

Nepal Lube Oil'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Nepal Lube Oil'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.

Nepal Lube Oil (XNEP:NLO) 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.

Nepal Lube Oil ROCE % Related Terms

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Nepal Lube Oil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nepal Lube Oil Ltd (XNEP:NLO) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

CG Square, Jhamsikhel, P.O.Box 1916, Lalitpur, NPL

Website

http://www.nepallubeoil.com

Nepal Lube Oil Ltd is a licensee of Gulf Oil International, which manufactures and distributes Gulf Lubricant in Nepalese market. The company focuses on delivering a reliable supply of high-quality lubricants and providing technical application expertise to its customers. It offers product through direct sales and distribution channels.

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