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Tvornica stocne hrane dd (ZAG:TSHC) ROCE % : 0.00% (As of . 20)


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What is Tvornica stocne hrane dd 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. Tvornica stocne hrane dd's annualized ROCE % for the quarter that ended in . 20 was 0.00%.


Tvornica stocne hrane dd ROCE % Historical Data

The historical data trend for Tvornica stocne hrane dd'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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Tvornica stocne hrane dd ROCE % Chart

Tvornica stocne hrane dd Annual Data
Trend
ROCE %

Tvornica stocne hrane dd Quarterly Data
ROCE %

Tvornica stocne hrane dd ROCE % Calculation

Tvornica stocne hrane dd'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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Tvornica stocne hrane dd'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.

* 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.


Tvornica stocne hrane dd  (ZAG:TSHC) 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.


Tvornica stocne hrane dd ROCE % Related Terms

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Tvornica stocne hrane dd (ZAG:TSHC) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Ivana Novaka 11, pp 100, Cakovec, HRV, 40000
Tvornica stocne hrane dd operates in farm products industry in Croatia. The company is engaged in producing feed and feed mixtures for poultry, pigs, cattle, and for other small animals.

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