Gatron Industries (KAR:GATI) ROCE % : 7.62% (As of Mar. 2024)

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What is Gatron 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. Gatron Industries's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.62%.

Gatron Industries ROCE % Historical Data

The historical data trend for Gatron 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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Gatron Industries ROCE % Chart

Gatron Industries Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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34.67

13.97

25.63

23.91

6.33

Gatron Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															5.98	4.73	3.69	10.79	7.62

Gatron Industries ROCE % Calculation

Gatron Industries's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	1142.872	/	( ( (26909.885 - 10287.648)	+	(40702.111 - 21219.019) )	/ 2 )
	=	1142.872	/	( (16622.237	+	19483.092)	/ 2 )
	=	1142.872	/	18052.6645
	=	6.33 %

Gatron Industries's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1672.976	/	( ( (40478.351 - 21108.705)	+	(41462.37 - 16932.941) )	/ 2 )
	=	1672.976	/	( ( 19369.646	+	24529.429 )	/ 2 )
	=	1672.976	/	21949.5375
	=	7.62 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Gatron Industries (KAR:GATI) 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.

Gatron Industries ROCE % Related Terms

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Gatron Industries (KAR:GATI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gatron Industries Ltd (KAR:GATI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinnah Road, 1st Floor, Ahmed Complex, Room No. 32, Quetta, PAK

Website

http://www.gatron.com

Gatron Industries Ltd is involved in the manufacturing of Polyester Filament Yarn along with its raw material Yarn Grade Polyester Chips. The company also produces other varieties of Polyester Chips, Bottle Grade as well as PET Preforms. It operates in two segments: Polyester Filament Yarn and Polyester PET Preforms. Substantial revenue is generated from the Polyester Filament Yarn segment.

Gatron Industries (KAR:GATI) Headlines

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