Definitions for "Return on Capital Employed"
Keywords:  roce, ebit, employed, capital, profit
See 'ROCE'
This ratio is a measure of how effectively a company is using its capital (Pre-tax Profit divided by Total Asset minus Current Liabilities and times by 100).
ROCE is a measure of how productively a company manages its refining, marketing and transportation assets. ROCE is the ratio of operating profits generated to the amount of operating capital invested.
Earnings before interest, depreciation and amortization / Net assets
Keywords:  accounting, rate, see
See Accounting Rate of Return.