Nova sirovina a.d (XBLB:NSRV-R-A) ROCE % : 0.00% (As of . 20)

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What is Nova sirovina a.d 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. Nova sirovina a.d's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Nova sirovina a.d ROCE % Historical Data

The historical data trend for Nova sirovina a.d'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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Nova sirovina a.d ROCE % Chart

Nova sirovina a.d Annual Data

Trend

ROCE %

Nova sirovina a.d Quarterly Data

ROCE %

Nova sirovina a.d ROCE % Calculation

Nova sirovina a.d'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Nova sirovina a.d'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.

Nova sirovina a.d (XBLB:NSRV-R-A) 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.

Nova sirovina a.d ROCE % Related Terms

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Nova sirovina a.d (XBLB:NSRV-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nova sirovina a.d (XBLB:NSRV-R-A) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Dunavska 23a, Banja Luka, BIH, 78 000

Website

http://www.novasirovina.com

Nova sirovina a.d is engaged in collection, processing, and placement of secondary raw materials, sheet processing, wholesale and retail trade, and construction materials trade.

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