Roce

[Vinay Tatarah]

Hi All

I am having a small problem with ROCE calculation.

My Capital Employed is negative but my PBIT is positive i.e

234,676,474
(67,224,546)

What is the result called - ROCE?? and
Should this be presented as a percentage or a ratio and should it be positive or negative??


Thanks for your help

 

[kirby]

Since Capital Employed is negative then Current Liabilities exceed Total Assets. So no need to calculate ratios - just need to dissolve business.