Tulsi Extrusions (LUX:166026) ROCE % : -44.07% (As of Jun. 2018)

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What is Tulsi Extrusions 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. Tulsi Extrusions's annualized ROCE % for the quarter that ended in Jun. 2018 was -44.07%.

Tulsi Extrusions ROCE % Historical Data

The historical data trend for Tulsi Extrusions'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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Tulsi Extrusions ROCE % Chart

Tulsi Extrusions Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

ROCE %

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-31.75

-32.90

-11.40

-8.54

-25.12

Tulsi Extrusions Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
ROCE %	Get a 7-Day Free Trial															-31.14	-17.27	-16.26	-36.73	-44.07

Tulsi Extrusions ROCE % Calculation

Tulsi Extrusions's annualized ROCE % for the fiscal year that ended in Mar. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2018 )		(A: Mar. 2017 )		(A: Mar. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2018 )		(A: Mar. 2017 )		(A: Mar. 2018 )
	=	-2.743	/	( ( (29.461 - 17.105)	+	(25.686 - 16.201) )	/ 2 )
	=	-2.743	/	( (12.356	+	9.485)	/ 2 )
	=	-2.743	/	10.9205
	=	-25.12 %

Tulsi Extrusions's ROCE % of for the quarter that ended in Jun. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2018 )		(Q: Mar. 2018 )		(Q: Jun. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2018 )		(Q: Mar. 2018 )		(Q: Jun. 2018 )
	=	-4.18	/	( ( (25.686 - 16.201)	+	(0 - 0) )	/ 1 )
	=	-4.18	/	( ( 9.485	+	0 )	/ 1 )
	=	-4.18	/	9.485
	=	-44.07 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2018) EBIT data.

Tulsi Extrusions (LUX:166026) 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.

Tulsi Extrusions ROCE % Related Terms

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Tulsi Extrusions (LUX:166026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tulsi Extrusions Ltd (LUX:166026) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Plot number N-99, MIDC Area, Jalgaon, MH, IND, 425003

Website

http://www.tulsigroup.com

Tulsi Extrusions Ltd is a polymer processing company with products in agribusiness. The company is engaged in manufacturing Polyvinyl chloride pipes for the rural agriculture market. It operates in two segments Poly Vinyl Chloride Pipes and Fittings; and Micro Irrigation Systems. Its products portfolio includes UPVC Pipes, Injection Molding PVC Fittings and Fabricated Fittings, ASTM Pipes, SWR Pipes & Fittings, HDPE Pipe Systems, LLDPE Pipe and Drip irrigation system, CPVC Pipes and Fittings. The company's products are used in various industries including irrigation sector, industrial sector, infrastructure and housing sector.

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