Thai Rubber Latex Group PCL (BKK:TRUBB) ROCE % : -1.84% (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Thai Rubber Latex Group PCL 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. Thai Rubber Latex Group PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.84%.

Thai Rubber Latex Group PCL ROCE % Historical Data

The historical data trend for Thai Rubber Latex Group PCL'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.

* Premium members only.

Thai Rubber Latex Group PCL ROCE % Chart

Thai Rubber Latex Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-6.55

2.60

20.50

9.14

-4.41

Thai Rubber Latex Group PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-3.86	-6.39	-6.13	-1.16	-1.84

Thai Rubber Latex Group PCL ROCE % Calculation

Thai Rubber Latex Group PCL's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-228.068	/	( ( (9076.976 - 3488.59)	+	(8762.061 - 3998.855) )	/ 2 )
	=	-228.068	/	( (5588.386	+	4763.206)	/ 2 )
	=	-228.068	/	5175.796
	=	-4.41 %

Thai Rubber Latex Group PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-87.804	/	( ( (8762.061 - 3998.855)	+	(8731.848 - 3951.355) )	/ 2 )
	=	-87.804	/	( ( 4763.206	+	4780.493 )	/ 2 )
	=	-87.804	/	4771.8495
	=	-1.84 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Thai Rubber Latex Group PCL (BKK:TRUBB) 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.

Thai Rubber Latex Group PCL ROCE % Related Terms

Thank you for viewing the detailed overview of Thai Rubber Latex Group PCL's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Thai Rubber Latex Group PCL (BKK:TRUBB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Thai Rubber Latex Group PCL (BKK:TRUBB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 99/1-3 Moo 13, Bangna-Trad Road, K.M. 7, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540

Website

https://www.thaitex.com

Thai Rubber Latex Group PCL is a Thailand based company engaged in the comprehensive rubber businesses covering the whole value chain of rubber and latex products, which are the rubber plantation in Thailand, the producer of latex concentrate and latex rubber, latex rubber thread, latex foam mattress and rubber gloves. The company operates in Concentrated and pre-vulcanized latex; Latex products; and Rubber plantation segments. It has a geographic presence in Thailand, the PRC, the Republic of Korea and other countries of which key revenue is derived from Thailand.

Thai Rubber Latex Group PCL (BKK:TRUBB) Headlines

No Headlines