ROCE/ROI

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October 19, 2022 at 9:42 am #669318
Ranjan879
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Respected tutor,
While calculating the ROCE/ROI in the numerator we take PBIT. Is that PBIT “Net of depreciation”? Simply said is it EBITDA?

Thank you in advance
October 19, 2022 at 10:27 am #669337
John Moffat
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It is PBIT which is net of depreciation (unless obviously the question specifically asked for you to do different, which would be very unlikely).
October 19, 2022 at 2:04 pm #669349
Ranjan879
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Okay sir thank you so much
October 19, 2022 at 4:23 pm #669358
John Moffat
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You are welcome.
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