Societe Tunisienne D Enterprises de Telecommunications- Sotetel (XTUN:SOTET) ROCE % : 0.00% (As of . 20)

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What is Societe Tunisienne D Enterprises de Telecommunications- Sotetel 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. Societe Tunisienne D Enterprises de Telecommunications- Sotetel's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Societe Tunisienne D Enterprises de Telecommunications- Sotetel ROCE % Historical Data

The historical data trend for Societe Tunisienne D Enterprises de Telecommunications- Sotetel'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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Societe Tunisienne D Enterprises de Telecommunications- Sotetel ROCE % Chart

Societe Tunisienne D Enterprises de Telecommunications- Sotetel Annual Data

Trend

ROCE %

Societe Tunisienne D Enterprises de Telecommunications- Sotetel Semi-Annual Data

ROCE %

Societe Tunisienne D Enterprises de Telecommunications- Sotetel ROCE % Calculation

Societe Tunisienne D Enterprises de Telecommunications- Sotetel'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Societe Tunisienne D Enterprises de Telecommunications- Sotetel'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.

Societe Tunisienne D Enterprises de Telecommunications- Sotetel (XTUN:SOTET) 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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Societe Tunisienne D Enterprises de Telecommunications- Sotetel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Societe Tunisienne D Enterprises de Telecommunications- Sotetel (XTUN:SOTET) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Rue des Entrepreneurs, ZI Charguia II Ariana, BP-640, Tunis, TUN, 1080

Website

https://www.sotetel.tn

Societe Tunisienne D Enterprises de Telecommunications- Sotetel provides telecommunication services in Tunisia. The company also provides design, installation and management services for private telecommunication systems. The firm is engaged in the fields of corporate communications, local line subscribers, mobile networks, transmissions, and commutation.

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