Northern Spirits (BOM:542628) ROCE % : 30.16% (As of Sep. 2023)

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What is Northern Spirits 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. Northern Spirits's annualized ROCE % for the quarter that ended in Sep. 2023 was 30.16%.

Northern Spirits ROCE % Historical Data

The historical data trend for Northern Spirits'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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Northern Spirits ROCE % Chart

Northern Spirits Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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83.65

15.82

11.63

16.29

25.64

Northern Spirits Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial											21.07	12.10	34.19	16.89	30.16

Northern Spirits ROCE % Calculation

Northern Spirits'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 )
	=	222.513	/	( ( (1424.691 - 601.285)	+	(1827.509 - 915.323) )	/ 2 )
	=	222.513	/	( (823.406	+	912.186)	/ 2 )
	=	222.513	/	867.796
	=	25.64 %

Northern Spirits's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	283.778	/	( ( (1827.509 - 915.323)	+	(2501.51 - 1531.838) )	/ 2 )
	=	283.778	/	( ( 912.186	+	969.672 )	/ 2 )
	=	283.778	/	940.929
	=	30.16 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Northern Spirits (BOM:542628) 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.

Northern Spirits ROCE % Related Terms

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Northern Spirits (BOM:542628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Northern Spirits Ltd (BOM:542628) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

5-A, Woodburn Park Road, Unit 603, 6th Floor, Woodburn Central, Kolkata, WB, IND, 700020

Website

https://northernspirits.co.in

Northern Spirits Ltd is involved in the import and distribution of wine and spirit business. It offers Whisky, Vodka, GIN, Red and white wine, Beer, tequila, Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila and Organika Russian Vodka.

Northern Spirits (BOM:542628) Headlines

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