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Stock impact report

Here's What Xilinx, Inc.'s (NASDAQ:XLNX) ROCE Can Tell Us [Yahoo! Finance News]

Xilinx, Inc. (XLNX) 
Last xilinx, inc. earnings: 4/22 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.xilinx.com
Today we are going to look at Xilinx, Inc. NASDAQ:XLNXFirst of all, we'll work out how to calculate ROCE. Next, we'll compare it to others in its industry. And finally, we'll look at how its current liabilities are impacting its ROCE.What is Return On Capital Employed ROCE)?ROCE measures the 'return' pre-tax profit) a company generates from capital employed in its business. Generally speaking a higher ROCE is better. Overall, it is a valuable metric that has its flaws. Renowned investment researcher Michael Mauboussinhas suggestedHow Do You Calculate Return On Capital Employed?Analysts use this formula to calculate return on capital employed:Return on Capital Employed = Earnings Before Interest and Tax EBIT) ÷ Total Assets - Current Liabilities)Or for Xilinx:0.20 = US$872m ÷ US$5.0b - US$516m) Based on the trailing twelve months to December 2019.)Therefore,Xilinx has an ROCE of 20%.Check out our latest analysis for XilinxIs Xilinx's ROCE Good?ROCE can be useful when making comparisons Show less Read more
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