Shree Hanuman Sugar & Industries (BOM:537709) ROCE % : -0.39% (As of Dec. 2023)

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What is Shree Hanuman Sugar & Industries 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. Shree Hanuman Sugar & Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.39%.

Shree Hanuman Sugar & Industries ROCE % Historical Data

The historical data trend for Shree Hanuman Sugar & Industries'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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Shree Hanuman Sugar & Industries ROCE % Chart

Shree Hanuman Sugar & Industries Annual Data

Trend

Jun14

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-2.41

-0.69

-0.74

-20.54

-4.55

Shree Hanuman Sugar & Industries 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															-0.20	-18.05	-0.20	-0.03	-0.39

Shree Hanuman Sugar & Industries ROCE % Calculation

Shree Hanuman Sugar & Industries'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 )
	=	-71.53	/	( ( (2462.104 - 854.807)	+	(2391.566 - 857.404) )	/ 2 )
	=	-71.53	/	( (1607.297	+	1534.162)	/ 2 )
	=	-71.53	/	1570.7295
	=	-4.55 %

Shree Hanuman Sugar & Industries'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 )
	=	-5.92	/	( ( (2391.495 - 858.195)	+	(0 - 0) )	/ 1 )
	=	-5.92	/	( ( 1533.3	+	0 )	/ 1 )
	=	-5.92	/	1533.3
	=	-0.39 %

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

Shree Hanuman Sugar & Industries (BOM:537709) 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.

Shree Hanuman Sugar & Industries ROCE % Related Terms

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Shree Hanuman Sugar & Industries (BOM:537709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shree Hanuman Sugar & Industries Ltd (BOM:537709) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2/7 Sarat Bose Road, Premises No. 9 Ground Floor, Vasundhara Building, Kolkata, WB, IND, 700 020

Website

https://www.hanumansugar.com

Shree Hanuman Sugar & Industries Ltd is engaged in the manufacturing and sale of crystal white sugar. Also, it trades in-store items that are used by the sugar industry and trading construction rights. The company's sugar plant is located in the Indian state of Bihar. Its by-product molasses is sold to the distilleries and/or the ethanol units. The company operates in the segments of Sugar and Construction.

Shree Hanuman Sugar & Industries (BOM:537709) Headlines

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