ROCE includes both debt and equity, offering a comprehensive investment metric. ROCE is calculated as EBIT divided by (Total Assets - Current Liabilities). Comparing ROCE with industry peers helps ...

What underlying fundamental trends can indicate that a company might be in decline? When we see a declining return ...

Over the last five years, returns on capital employed have risen substantially to 42%. The company is effectively making more money per dollar of capital used, and it's worth noting that the ...