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Return on capital employed
(redirected from En/roce)

   Also found in: Wikipedia, Hutchinson 0.07 sec.
Return on capital employed (ROCE)
Indicator of profitability of the firm's capital investments. Determined by dividing Earnings Before Interest and Taxes by (capital employed plus short-term loans minus intangible assets). The idea is that this ratio should at least be greater than the cost of borrowing.

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