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I simply love it when I have the chance to be the first (and sometimes the only) one to leave a comment. : )
There is so much quality in this piece- the video, the visuals, the quote...Ah, and the library, OMG, the library takes my breath away! The only regret I have is not having enough time to sit down and read it all in just a few days. But hey, learning is not a sprint but a life-long marathon.
To end this comment on a more serious note, I would like to ask you which of the two ratios (ROIC or ROCE) you find more useful and why?
I look forward to reading tomorrow's post. Thank you kindly!
The library... Well it has around 40,000 pages of investment content. Assuming that you read 40 pages per hour it would take you 1,000 hours to read everything or 1 hour per day for roughly 3 years. :)
Regarding ROIC versus ROCE, in general I tend to prefer ROIC over ROCE. One of the disadvantages of the ROCE is that it doesn't adjust for non-operating cash balances which could overstate results.
Talking about this... I should write / create a visual about the advantages of disadvantages of ROIC, ROCE, ROE, ROA, ... :)
CQ,
I simply love it when I have the chance to be the first (and sometimes the only) one to leave a comment. : )
There is so much quality in this piece- the video, the visuals, the quote...Ah, and the library, OMG, the library takes my breath away! The only regret I have is not having enough time to sit down and read it all in just a few days. But hey, learning is not a sprint but a life-long marathon.
To end this comment on a more serious note, I would like to ask you which of the two ratios (ROIC or ROCE) you find more useful and why?
I look forward to reading tomorrow's post. Thank you kindly!
You always make me smile, Pavel!
The library... Well it has around 40,000 pages of investment content. Assuming that you read 40 pages per hour it would take you 1,000 hours to read everything or 1 hour per day for roughly 3 years. :)
Regarding ROIC versus ROCE, in general I tend to prefer ROIC over ROCE. One of the disadvantages of the ROCE is that it doesn't adjust for non-operating cash balances which could overstate results.
Talking about this... I should write / create a visual about the advantages of disadvantages of ROIC, ROCE, ROE, ROA, ... :)