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Descon Oxychem (KAR:DOL) ROCE % : 0.00% (As of . 20)


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What is Descon Oxychem 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. Descon Oxychem's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Descon Oxychem ROCE % Historical Data

The historical data trend for Descon Oxychem'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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Descon Oxychem ROCE % Chart

Descon Oxychem Annual Data
Trend
ROCE %

Descon Oxychem Quarterly Data
ROCE %

Descon Oxychem ROCE % Calculation

Descon Oxychem'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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Descon Oxychem'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.

Descon Oxychem  (KAR:DOL) 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.

Descon Oxychem ROCE % Related Terms

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Descon Oxychem (KAR:DOL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Descon Oxychem Ltd (KAR:DOL) » Definitions » ROCE %
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BOM:542012 BOM:524174 PHS:MAH XKRX:023450 IST:SODSN WAR:SKT IST:ACSEL ROCO:3678 TSX:RGX DHA:SALVOCHEM SGX:BTX BOM:524218 TSXV:GDNP XSAT:TAUR B XKRX:215050 NSE:JOCIL XKLS:0038 BOM:506734 BOM:524488 BOM:500211
Traded in Other Exchanges
N/A
Address
18-Km Ferozpur Road, Lahore, PB, PAK, 53000
Website
https://www.descon.com
Descon Oxychem Ltd is engaged in the manufacture, procurement, and sale of hydrogen peroxide and allied products. It serves textiles, food/beverage safety, and other industrial and consumer markets. The company's product includes Hydrogen Peroxide (H2O2); Sanidol; and CareOx 35.