Titan Acquisition(Tachu) Financials: Return On Capital Employed Compared To Industry Average, Plus Other Key Ratios
Profitability Trend (Last 5 Years)
Profitability - return on capital employed
This chart shows the historical trend of return on capital employed for TACHU compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Return on Capital Employed (ROCE)
Definition: ROCE looks at how effectively the company uses all long-term capital — both debt and equity — to generate profits. It’s a good way to compare companies with different financing structures. Higher ROCE means the company makes good returns on every dollar invested in its business operations.
Interpretation:
• In '2024', TACHU's return on capital employed was 110.9%, indicating returns achieved on invested capital. Industry average for Blank Checks in '2024' stood at -0.6%.
Overall, TACHU's return on capital employed has remained generally stable over the past 1 years.
Formula: ROCE = EBIT / (Total Assets - Current Liabilities)
Good Range: Often 8%-20%.