Delice Holding (XTUN:DH) ROCE % : 20.02% (As of Dec. 2021)

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What is Delice Holding 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. Delice Holding's annualized ROCE % for the quarter that ended in Dec. 2021 was 20.02%.

Delice Holding ROCE % Historical Data

The historical data trend for Delice Holding'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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Delice Holding ROCE % Chart

Delice Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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24.76

17.14

20.00

21.38

20.02

Delice Holding Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
ROCE %	Get a 7-Day Free Trial				24.76	17.14	20.00	21.38	20.02

Delice Holding ROCE % Calculation

Delice Holding's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	89.317	/	( ( (671.94 - 246.761)	+	(708.409 - 241.287) )	/ 2 )
	=	89.317	/	( (425.179	+	467.122)	/ 2 )
	=	89.317	/	446.1505
	=	20.02 %

Delice Holding's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Dec. 2020 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Dec. 2020 )		(Q: Dec. 2021 )
	=	89.317	/	( ( (671.94 - 246.761)	+	(708.409 - 241.287) )	/ 2 )
	=	89.317	/	( ( 425.179	+	467.122 )	/ 2 )
	=	89.317	/	446.1505
	=	20.02 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2021) EBIT data.

Delice Holding (XTUN:DH) 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.

Delice Holding ROCE % Related Terms

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Delice Holding (XTUN:DH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Delice Holding SA (XTUN:DH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Immeuble le Dôme, Rue Lac Léman, les Berges du Lac, Tunis, TUN, 1053

Website

http://www.deliceholding.com

Delice Holding SA through its subsidiaries is engaged in manufacturing, packaging and marketing of milk and milk products except yoghurt and drinks. It also processes milk and its derivatives and sells other food products.