Sanco Trans (BOM:523116) ROCE % : 2.23% (As of Dec. 2023)

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What is Sanco Trans 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. Sanco Trans's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.23%.

Sanco Trans ROCE % Historical Data

The historical data trend for Sanco Trans'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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Sanco Trans ROCE % Chart

Sanco Trans Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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2.02

2.96

6.44

11.87

2.61

Sanco Trans 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															2.45	1.13	0.75	2.75	2.23

Sanco Trans ROCE % Calculation

Sanco Trans'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 )
	=	29.507	/	( ( (1388.96 - 249.408)	+	(1334.222 - 212.802) )	/ 2 )
	=	29.507	/	( (1139.552	+	1121.42)	/ 2 )
	=	29.507	/	1130.486
	=	2.61 %

Sanco Trans'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 )
	=	24.868	/	( ( (1387.387 - 270.181)	+	(0 - 0) )	/ 1 )
	=	24.868	/	( ( 1117.206	+	0 )	/ 1 )
	=	24.868	/	1117.206
	=	2.23 %

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

Sanco Trans (BOM:523116) 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.

Sanco Trans ROCE % Related Terms

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Sanco Trans (BOM:523116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sanco Trans Ltd (BOM:523116) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Second Line Beach Road, S.T. Tower, New Number 24 & 25, II Floor, Chennai, TN, IND, 600001

Website

https://www.sancotrans.com

Sanco Trans Ltd is engaged in the logistics business in India. The company provides logistics services across multimodal transport operators and container freight station operations, air cargo services for perishable and dangerous goods, transport, and heavy equipment for the handling of materials. It also provides stevedoring, warehousing, and distribution services; container terminal maintenance and repair services; customs clearance and port formalities; and multimodal transport operation and freight forwarding services. The business derives revenue from the provision of Equipment and fleet hire, Warehouse, Handling and Agency, and other services, of which substantial income accrues from handling services.

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