Williamson Tea Kenya (NAI:WTK) ROCE % : 10.95% (As of Sep. 2023)

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What is Williamson Tea Kenya 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. Williamson Tea Kenya's annualized ROCE % for the quarter that ended in Sep. 2023 was 10.95%.

Williamson Tea Kenya ROCE % Historical Data

The historical data trend for Williamson Tea Kenya'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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Williamson Tea Kenya ROCE % Chart

Williamson Tea Kenya Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-2.61

1.63

-0.73

7.78

10.98

Williamson Tea Kenya Semi-Annual Data
	Mar11	Mar12	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial												-1.06	16.77	5.48	16.76	10.95

Williamson Tea Kenya ROCE % Calculation

Williamson Tea Kenya'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 )
	=	854.293	/	( ( (8153.287 - 506.994)	+	(8428.027 - 513.004) )	/ 2 )
	=	854.293	/	( (7646.293	+	7915.023)	/ 2 )
	=	854.293	/	7780.658
	=	10.98 %

Williamson Tea Kenya'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 )
	=	866.13	/	( ( (8428.027 - 513.004)	+	(8608.727 - 698.917) )	/ 2 )
	=	866.13	/	( ( 7915.023	+	7909.81 )	/ 2 )
	=	866.13	/	7912.4165
	=	10.95 %

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

Williamson Tea Kenya (NAI:WTK) 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.

Williamson Tea Kenya ROCE % Related Terms

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Williamson Tea Kenya (NAI:WTK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Williamson Tea Kenya PLC (NAI:WTK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karen Office Park, Langata Road, P.O. Box 42281, 2nd Floor, The Acacia Block, Nairobi, KEN, 00100

Website

https://www.williamsontea.com

Williamson Tea Kenya PLC is engaged in the farm products business sector. The business of the company operates in segments that include Cultivation, Manufacturing, and Sale of Tea, Investment in Property, and Sale and Servicing of Generators. Its Tea segment generates maximum revenue for the company. The product line consists of matcha tea, mini tea candles, elephant tea candles, loose tea, and tea bags. Its products are also exported and these exports generate maximum revenue for the company.

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