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单词 return on capital employed
释义 return on capital employed

return on capital employed (abbr ROCE) (also return on capital) noun [U,C]

(Accounting )

a measure that is used to see how well a company is using the money invested in its activities to produce profits, often calculated by comparing the company's profits for the year before tax and interest are taken off with the value of its total assets minus its total debts:

The goal is to improve the company's return on capital employed to a range of 12 to 14 per cent over the next few years.

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更新时间:2024/9/21 12:45:39