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East West Holdings (BOM:540006) ROCE % : 8.90% (As of Dec. 2023)


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What is East West Holdings 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. East West Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.90%.


East West Holdings ROCE % Historical Data

The historical data trend for East West Holdings'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.

* Premium members only.

East West Holdings ROCE % Chart

East West Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.24 8.81 7.47 9.56 5.83

East West Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.57 7.67 8.00 8.45 8.90

East West Holdings ROCE % Calculation

East West Holdings'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 )
=71.61/( ( (1522.6 - 352.428) + (1719.548 - 433.14) )/ 2 )
=71.61/( (1170.172+1286.408)/ 2 )
=71.61/1228.29
=5.83 %

East West Holdings'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 )
=119.816/( ( (1773.51 - 427.12) + (0 - 0) )/ 1 )
=119.816/( ( 1346.39 + 0 )/ 1 )
=119.816/1346.39
=8.90 %

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

* 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.


East West Holdings  (BOM:540006) 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.


East West Holdings ROCE % Related Terms

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East West Holdings (BOM:540006) Business Description

Traded in Other Exchanges
N/A
Address
Sahar Chakala Road, Unit No. 62, Adarsh Industrial Estate, Andheri East, Mumbai, MH, IND, 400099
East West Holdings Ltd is a company that operates in the transportation sector. The company is engaged in providing logistics solutions including air and ocean freight forwarding operation and road transportation. Its only operating segment being Transportation, Logistic and allied activities.

East West Holdings (BOM:540006) Headlines

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