Automotive Stampings & Assemblies (BOM:520119) ROCE % : 0.00% (As of Dec. 2023)

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What is Automotive Stampings & Assemblies ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Automotive Stampings & Assemblies's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Automotive Stampings & Assemblies ROCE % Historical Data

The historical data trend for Automotive Stampings & Assemblies's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Automotive Stampings & Assemblies ROCE % Chart

Automotive Stampings & Assemblies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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237.59

249.53

Automotive Stampings & Assemblies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															335.95	333.94	206.00	278.46	-

Automotive Stampings & Assemblies ROCE % Calculation

Automotive Stampings & Assemblies's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	192.607	/	( ( (1808.952 - 1761.663)	+	(2256.876 - 2149.787) )	/ 2 )
	=	192.607	/	( (47.289	+	107.089)	/ 2 )
	=	192.607	/	77.189
	=	249.53 %

Automotive Stampings & Assemblies's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	337.212	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	337.212	/	( ( 0	+	0 )	/ 1 )
	=	337.212	/	0
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Automotive Stampings & Assemblies (BOM:520119) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Automotive Stampings & Assemblies ROCE % Related Terms

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Automotive Stampings & Assemblies (BOM:520119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Automotive Stampings & Assemblies Ltd (BOM:520119) » Definitions » ROCE %

Traded in Other Exchanges

ASAL:India

Address

TACO House, Off Law College Road, Plot No- 20/B FPN085, V.G. Damle Path, Erandwane, Pune, MH, IND, 411004

Website

https://www.autostampings.com

Automotive Stampings & Assemblies Ltd a TACO group company manufactures and supplies sheet metal components, welded assemblies, and modules for automobiles. The company operates only in the Automobile Component Segment in the Domestic Market. geographical the majority of its revenue comes from Components.

Automotive Stampings & Assemblies (BOM:520119) Headlines

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