Dangote Sugar Refinery (NSA:DSRP) ROCE % : 50.65% (As of Dec. 2022)

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What is Dangote Sugar Refinery 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. Dangote Sugar Refinery's annualized ROCE % for the quarter that ended in Dec. 2022 was 50.65%.

Dangote Sugar Refinery ROCE % Historical Data

The historical data trend for Dangote Sugar Refinery'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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Dangote Sugar Refinery ROCE % Chart

Dangote Sugar Refinery Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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33.99

27.29

36.46

24.80

50.65

Dangote Sugar Refinery Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
ROCE %	Get a 7-Day Free Trial										33.99	27.29	36.46	24.80	50.65

Dangote Sugar Refinery ROCE % Calculation

Dangote Sugar Refinery's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	82545.264	/	( ( (359505.765 - 218543.346)	+	(492434.366 - 307438.319) )	/ 2 )
	=	82545.264	/	( (140962.419	+	184996.047)	/ 2 )
	=	82545.264	/	162979.233
	=	50.65 %

Dangote Sugar Refinery's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	82545.264	/	( ( (359505.765 - 218543.346)	+	(492434.366 - 307438.319) )	/ 2 )
	=	82545.264	/	( ( 140962.419	+	184996.047 )	/ 2 )
	=	82545.264	/	162979.233
	=	50.65 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Dangote Sugar Refinery (NSA:DSRP) 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.

Dangote Sugar Refinery ROCE % Related Terms

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Dangote Sugar Refinery (NSA:DSRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dangote Sugar Refinery PLC (NSA:DSRP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Terminal E, Shed 20, 3rd Floor, GDNL Administrative Building, NPA Wharf Port Complex, Apapa, Lagos, NGA

Website

https://sugar.dangote.com

Dangote Sugar Refinery PLC is engaged in refining raw sugar into edible sugar and selling refined sugar. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of revenue from the Northern Nigeria region.

Dangote Sugar Refinery (NSA:DSRP) Headlines

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