North Drilling Co (XTEH:HSHM1) ROCE % : 0.00% (As of . 20)

View and export this data going back to 1990. Start your Free Trial

What is North Drilling Co 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. North Drilling Co's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

North Drilling Co ROCE % Historical Data

The historical data trend for North Drilling Co'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.

North Drilling Co ROCE % Chart

North Drilling Co Annual Data

Trend

ROCE %

North Drilling Co Semi-Annual Data

ROCE %

North Drilling Co ROCE % Calculation

North Drilling Co'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

North Drilling Co'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.

North Drilling Co (XTEH:HSHM1) 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.

North Drilling Co ROCE % Related Terms

Thank you for viewing the detailed overview of North Drilling Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

North Drilling Co (XTEH:HSHM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » North Drilling Co (XTEH:HSHM1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner of Del Afrooz Street, Valiasr Street, No. 2127, Tehran, IRN, 1511714315

Website

https://www.ndco.ir

North Drilling Co is engaged in the exploration, drilling, production, utilization and repair of oil and gas reservoirs. The company also creates injection wells and provides related technical services domestically and internationally. Its products include Onshore Rigs, Offshore Rigs, and Supply Tugboat.

North Drilling Co (XTEH:HSHM1) Headlines

No Headlines