Envirotech Vehicles Inc ROCE
Cos'è ROCE di Envirotech Vehicles Inc?
ROCE di Envirotech Vehicles Inc è -3.46%
Qual è la definizione di ROCE?
Il ritorno sul capitale investito (ROCE) è un rapporto finanziario che misura la redditività di un'azienda e l'efficienza con cui viene utilizzato il suo capitale.
Return on capital employed (ROCE) is the total amount of capital that a company has utilized in order to generate profits. It is the sum of shareholders' equity and debt liabilities. It can be simplified as total assets minus current liabilities.
ROCE is especially useful when comparing the performance of companies in capital-intensive sectors. ROCE considers debt and other liabilities as well compared to other fundamentals which only analyze profitability related to a company’s common equity. This provides a better indication of financial performance for companies with significant debt. For a company, the ROCE trend over the years is also an important indicator of performance. In general, investors tend to favor companies with stable and rising ROCE numbers over companies where ROCE is volatile and bounces around from one year to the next.
Instead of using capital employed at an arbitrary point in time, analysts and investors often calculate ROCE based on the average capital employed (ROACE), which takes the average of opening and closing capital employed for the time period.
ROCE di aziende nel Consumer Discretionary settore su NASDAQ rispetto a Envirotech Vehicles Inc
Aziende con roce simili a Envirotech Vehicles Inc
- EQS AG ha ROCE di -3.51%
- W Resources Plc ha ROCE di -3.50%
- TRX Gold Corp ha ROCE di -3.49%
- Galapagos NV ha ROCE di -3.48%
- Sypris Solutions ha ROCE di -3.48%
- Galapagos NV ha ROCE di -3.48%
- Envirotech Vehicles Inc ha ROCE di -3.46%
- IFA Hotel & Touristik Aktiengesellschaft ha ROCE di -3.45%
- Xinyuan Real Estate Co ha ROCE di -3.44%
- Intelsat S.A ha ROCE di -3.44%
- Walchandnagar Industries ha ROCE di -3.43%
- Revolution Lighting Technologies ha ROCE di -3.42%
- Panoro Minerals ha ROCE di -3.41%