Rajshree Sugars & Chemicals (BOM:500354) ROCE % : -14.53% (As of Dec. 2023)

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What is Rajshree Sugars & Chemicals 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. Rajshree Sugars & Chemicals's annualized ROCE % for the quarter that ended in Dec. 2023 was -14.53%.

Rajshree Sugars & Chemicals ROCE % Historical Data

The historical data trend for Rajshree Sugars & Chemicals'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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Rajshree Sugars & Chemicals ROCE % Chart

Rajshree Sugars & Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-2.27

-5.46

4.42

3.53

5.42

Rajshree Sugars & Chemicals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-9.98	35.16	8.13	13.93	-14.53

Rajshree Sugars & Chemicals ROCE % Calculation

Rajshree Sugars & Chemicals'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 )
	=	347.828	/	( ( (9378.82 - 2875.926)	+	(8187.272 - 1858.503) )	/ 2 )
	=	347.828	/	( (6502.894	+	6328.769)	/ 2 )
	=	347.828	/	6415.8315
	=	5.42 %

Rajshree Sugars & Chemicals'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-944.556	/	( ( (7708.578 - 1206.629)	+	(0 - 0) )	/ 1 )
	=	-944.556	/	( ( 6501.949	+	0 )	/ 1 )
	=	-944.556	/	6501.949
	=	-14.53 %

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

Rajshree Sugars & Chemicals (BOM:500354) 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.

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Rajshree Sugars & Chemicals (BOM:500354) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rajshree Sugars & Chemicals Ltd (BOM:500354) » Definitions » ROCE %

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RAJSREESUG:India

Address

The Uffizi, 338/8, Avanashi Road, Peelamedu, Coimbatore, TN, IND, 641 004

Website

https://www.rajshreesugars.com

Rajshree Sugars & Chemicals Ltd is engaged in the business of white crystal sugar, co-generation of power, and industrial alcohol. The company's segments include Sugar, Cogeneration, and Distillery. The Sugar segment consists of white crystal sugar, Demerara sugar, White sugar sachets, Demerara sugar sachets. The Cogeneration segment includes co-generation of electricity. Its Distillery segment is involved in the manufacturing of rectified spirit, anhydrous alcohol, and extra neutral alcohol. The by-products such as molasses and bagasse are used by industries such as distillery and power plants for producing alcohol and power. The majority of revenue is generated from Sugar segment. The company operates within India.

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