Truworths (XZIM:TRUW.ZW) ROCE % : 3.91% (As of Jun. 2022)

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What is Truworths 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. Truworths's annualized ROCE % for the quarter that ended in Jun. 2022 was 3.91%.

Truworths ROCE % Historical Data

The historical data trend for Truworths'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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Truworths ROCE % Chart

Truworths Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

ROCE %

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45.32

66.49

14.29

-42.18

3.91

Truworths Semi-Annual Data
	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22
ROCE %	Get a 7-Day Free Trial								45.32	66.49	14.29	-42.18	3.91

Truworths ROCE % Calculation

Truworths's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	21.273	/	( ( (906.303 - 349.434)	+	(934.797 - 403.911) )	/ 2 )
	=	21.273	/	( (556.869	+	530.886)	/ 2 )
	=	21.273	/	543.8775
	=	3.91 %

Truworths's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Jun. 2021 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Jun. 2021 )		(Q: Jun. 2022 )
	=	21.273	/	( ( (906.303 - 349.434)	+	(934.797 - 403.911) )	/ 2 )
	=	21.273	/	( ( 556.869	+	530.886 )	/ 2 )
	=	21.273	/	543.8775
	=	3.91 %

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

Truworths (XZIM:TRUW.ZW) 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.

Truworths ROCE % Related Terms

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Truworths (XZIM:TRUW.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Truworths Ltd (XZIM:TRUW.ZW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stand 808 Seke Road, P. O. Box 2898, Prospect Park, Harare, ZWE

Website

https://www.truworths.co.zw

Truworths Ltd is a Zimbabwe-based company engaged in the manufacturing and retailing of fashion apparel and related merchandise. The company has two operating segments including manufacturing and retail. The manufacturing segment sells its products to the retail segment, which sells goods to the public.

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