RTS Power (BOM:531215) ROCE % : 7.65% (As of Dec. 2023)

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What is RTS Power 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. RTS Power's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.65%.

RTS Power ROCE % Historical Data

The historical data trend for RTS Power'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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RTS Power ROCE % Chart

RTS Power Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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9.96

3.27

3.45

3.41

9.54

RTS Power 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															16.55	6.50	4.72	5.64	7.65

RTS Power ROCE % Calculation

RTS Power'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 )
	=	155.052	/	( ( (1823.719 - 234.184)	+	(1981.48 - 318.887) )	/ 2 )
	=	155.052	/	( (1589.535	+	1662.593)	/ 2 )
	=	155.052	/	1626.064
	=	9.54 %

RTS Power'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 )
	=	126.708	/	( ( (2028.023 - 370.657)	+	(0 - 0) )	/ 1 )
	=	126.708	/	( ( 1657.366	+	0 )	/ 1 )
	=	126.708	/	1657.366
	=	7.65 %

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

RTS Power (BOM:531215) 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.

RTS Power ROCE % Related Terms

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RTS Power (BOM:531215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RTS Power Corp Ltd (BOM:531215) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

56, Netaji Subhas Road, 2nd Floor, Kolkata, WB, IND, 700001

Website

https://www.rtspower.com

RTS Power Corp Ltd is engaged in providing power conversion and power quality solutions. It operates in two segments: Electrical Goods including transformers, cables, conductors; and Wind Energy. It also provides services for various industries, such as steel, mining, textiles, real estate, and pharmaceuticals, as well as electricity boards. It manufactures a range of distribution transformers suitable for use in utilities and industries, a range of power transformers and dry-type transformers, in addition, it offers transformers with special features for wind and solar projects. The company derives majority of the revenue from Electrical Equipment segment.

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