Published on 28 Sep 2019 on Simply Wall St. via Yahoo Finance
Aristocrat Leisure Limited (ASX:ALL) Earns A Nice Return On Capital Employed
Today we'll look at Aristocrat Leisure Limited (ASX:ALL) and reflect on its potential as an investment. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires.
Firstly, we'll go over how we calculate ROCE. Next, we'll compare it to others in its industry. Finally, we'll look at how its current liabilities affect its ROCE.