Sindhu Trade Links (BOM:532029) ROCE % : 11.50% (As of Dec. 2023)

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What is Sindhu Trade Links 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. Sindhu Trade Links's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.50%.

Sindhu Trade Links ROCE % Historical Data

The historical data trend for Sindhu Trade Links'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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Sindhu Trade Links ROCE % Chart

Sindhu Trade Links Annual Data

Trend

Mar11

Mar12

Mar13

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

ROCE %

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6.67

2.51

2.40

2.86

4.72

Sindhu Trade Links Quarterly Data
	Mar18	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															0.27	12.77	9.55	10.47	11.50

Sindhu Trade Links ROCE % Calculation

Sindhu Trade Links'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 )
	=	1776.888	/	( ( (46314.826 - 8546.509)	+	(49918.732 - 12412.306) )	/ 2 )
	=	1776.888	/	( (37768.317	+	37506.426)	/ 2 )
	=	1776.888	/	37637.3715
	=	4.72 %

Sindhu Trade Links'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 )
	=	4386.168	/	( ( (52550.674 - 14801.906)	+	(47792.245 - 9234.431) )	/ 2 )
	=	4386.168	/	( ( 37748.768	+	38557.814 )	/ 2 )
	=	4386.168	/	38153.291
	=	11.50 %

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

Sindhu Trade Links (BOM:532029) 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.

Sindhu Trade Links ROCE % Related Terms

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Sindhu Trade Links (BOM:532029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sindhu Trade Links Ltd (BOM:532029) » Definitions » ROCE %

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Traded in Other Exchanges

SINDHUTRAD:India

Address

Sector 30, 7th Floor, Tower A, Signature Tower, Moti Nagar, New Delhi, IND, 122003

Website

https://www.sindhutrade.com

Sindhu Trade Links Ltd is engaged in activities of transportation, media, investment and finance, Petrol Pump Operations, Power Distribution and Engineering Projects, and Overseas Mining and Trading of Coal. The operating segments of the company are Finance and Investment, Oil, Lubricants and Spares, Transportation and Logistics, Generation & Supply of Electricity, and Oil Drilling Operations. It generates maximum revenue from the Transportation and Logistics segment. Geographically, it derives a majority of its revenue from India.

Sindhu Trade Links (BOM:532029) Headlines

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