Kopp Glass (Kopp Glass) ROCE % : 0.00% (As of . 20)

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

Kopp Glass ROCE % Historical Data

The historical data trend for Kopp Glass'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.
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Kopp Glass ROCE % Chart

Kopp Glass Annual Data

Trend

ROCE %

Kopp Glass Quarterly Data

ROCE %

Kopp Glass ROCE % Calculation

Kopp Glass'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Kopp Glass'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.

Kopp Glass (OTCPK:KOGL) 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.

Kopp Glass ROCE % Related Terms

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Kopp Glass (Kopp Glass) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kopp Glass Inc (OTCPK:KOGL) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

2108 Palmer St., Pittsburgh, PA, USA, 15218-2516

Website

http://www.koppglass.com

Kopp Glass Inc is engaged in manufacturing of hand molded, technical glass. Its products include colored filter glasses, aviation glasses, NVIS filter glass and spectral calculator.

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