Mastery card
I can explain ROCE
Profit compared to all the long-term capital tied up in the business.
ROCE (Return on Capital Employed) is operating profit divided by capital employed (debt plus equity minus cash).
Sticky trick
ROCE = Operating profit ÷ Capital employed.
Take into the room
In plain English, what is ROCE?
Or open the share card ⚙️
Or start your own 5-word trail from home.