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 ...

Net working capital is positive if short-term assets exceed liabilities. Yearly net working capital change occurs from balance sheet variations. A significant increase in accounts payable can reduce ...

Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for ...

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that ...