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ROCE

Return on Capital Employed. A measure of the returns that a company is realizing from ITS capital. Calculated as Profit before Interest and Tax divided by the difference between Total assets and Current liabilities. The resulting Ratio represents the efficiency with which Capital is being utilized to generate revenue.

Related Terms: 13 Asset, Capital, Current liabilities, Cap, Interest, ITS, Profit, Return, Real, Ratio, Rent, Total assets, Tax
Other Related Pages: Category: Technical_Analysis Starting With: R
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