Tierra Agrotech (BOM:543531) ROCE % : -25.43% (As of Dec. 2023)

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What is Tierra Agrotech 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. Tierra Agrotech's annualized ROCE % for the quarter that ended in Dec. 2023 was -25.43%.

Tierra Agrotech ROCE % Historical Data

The historical data trend for Tierra Agrotech'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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Tierra Agrotech ROCE % Chart

Tierra Agrotech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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14.86

14.40

-1.27

-11.31

-36.33

Tierra Agrotech Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial														-47.13	-119.21	50.28	-14.57	-25.43

Tierra Agrotech ROCE % Calculation

Tierra Agrotech'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 )
	=	-266.473	/	( ( (1736.27 - 881.722)	+	(1728.34 - 1116.019) )	/ 2 )
	=	-266.473	/	( (854.548	+	612.321)	/ 2 )
	=	-266.473	/	733.4345
	=	-36.33 %

Tierra Agrotech'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 )
	=	-284.828	/	( ( (1610.997 - 490.777)	+	(0 - 0) )	/ 1 )
	=	-284.828	/	( ( 1120.22	+	0 )	/ 1 )
	=	-284.828	/	1120.22
	=	-25.43 %

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

Tierra Agrotech (BOM:543531) 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.

Tierra Agrotech ROCE % Related Terms

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Tierra Agrotech (BOM:543531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tierra Agrotech Ltd (BOM:543531) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 2, Banjara Hills, Kamalapuri Colony Lane, Next to L V Prasad Hospital, 1st Floor, Sravana Complex, Hyderabad, TG, IND, 500034

Website

https://www.tierraagrotech.com

Tierra Agrotech Ltd is engaged in the research, development, production, processing and commercialization of superior products in crops like Cotton, Rice, Corn, Mustard, Tomato and Okra. The company is engaged in the Production and trading of Agricultural seeds.

Tierra Agrotech (BOM:543531) Headlines

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