About ROCE Calculator
The ROCE Calculator is used to calculate the return on capital employed ratio.
Return on Capital Employed Definition
In finance and accounting, the return on capital employed (ROCE) is a ratio that compares earnings with capital invested in the company. It is similar to Return on Assets (ROA), but takes into account sources of financing.
The return on capital employed calculation formula is as follows:
ROCE = EBIT / Capital employed
Capital employed = Total assets - Current liabilities