Bangladesh Thai Aluminium (DHA:BDTHAI) ROCE % : 0.81% (As of Mar. 2024)

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What is Bangladesh Thai Aluminium 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. Bangladesh Thai Aluminium's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.81%.

Bangladesh Thai Aluminium ROCE % Historical Data

The historical data trend for Bangladesh Thai Aluminium'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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Bangladesh Thai Aluminium ROCE % Chart

Bangladesh Thai Aluminium Annual Data

Trend

Dec14

Dec15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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5.09

4.02

7.84

2.93

1.36

Bangladesh Thai Aluminium 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															1.48	1.15	0.86	0.66	0.81

Bangladesh Thai Aluminium ROCE % Calculation

Bangladesh Thai Aluminium's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	64.456	/	( ( (6095.778 - 1344.39)	+	(5972.063 - 1269.524) )	/ 2 )
	=	64.456	/	( (4751.388	+	4702.539)	/ 2 )
	=	64.456	/	4726.9635
	=	1.36 %

Bangladesh Thai Aluminium'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 )
	=	37.668	/	( ( (6034.607 - 1349.338)	+	(5983.155 - 1312.205) )	/ 2 )
	=	37.668	/	( ( 4685.269	+	4670.95 )	/ 2 )
	=	37.668	/	4678.1095
	=	0.81 %

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

Bangladesh Thai Aluminium (DHA:BDTHAI) 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.

Bangladesh Thai Aluminium ROCE % Related Terms

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Bangladesh Thai Aluminium (DHA:BDTHAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bangladesh Thai Aluminium Ltd (DHA:BDTHAI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Road Number 17, 29 Kemal Ataturk Avenue, 14th Floor, BTA Tower, Banani Commercial Area, Dhaka, BGD, 1213

Website

https://www.btaalu.com

Bangladesh Thai Aluminium Ltd is engaged in manufacturing of aluminium products and offers related services. The company manufactures and sells anodized aluminium sections, aluminium doors, windows and hardware, glass false ceiling boards, aluminium composite panels and other products. It also provides after-sales services and consultancy services on technical and financial aspect of profile design, fabrication of items, installation arrangement, and execution of the same at the site.

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