Writing these #InvestingBasics articles is quite refreshing, because this is like a test for me on how well I know my investing concepts.
Nicely explained 👍
Thanks buddy ❤️
Bro can we consider EBIT instead of EBITDA in the ROCE formula, as Operating profit refers to EBIT?
Yes, EBIT can be considered. Generally EBITDA is taken, but you can derive RoCE based on EBIT as well.
Thanks for the response. I'll keep that in mind.
Nicely explained 👍
Thanks buddy ❤️
Bro can we consider EBIT instead of EBITDA in the ROCE formula, as Operating profit refers to EBIT?
Yes, EBIT can be considered. Generally EBITDA is taken, but you can derive RoCE based on EBIT as well.
Thanks for the response. I'll keep that in mind.