Accent Microcell (NSE:ACCENTMIC) ROCE % : 38.27% (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Accent Microcell 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. Accent Microcell's annualized ROCE % for the quarter that ended in Mar. 2023 was 38.27%.

Accent Microcell ROCE % Historical Data

The historical data trend for Accent Microcell'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.

* Premium members only.

Accent Microcell ROCE % Chart

Accent Microcell Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

19.40

23.93

38.27

Accent Microcell Semi-Annual Data
	Mar21	Mar22	Mar23
ROCE %	19.40	23.93	38.27

Accent Microcell ROCE % Calculation

Accent Microcell'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 )
	=	176.302	/	( ( (946.104 - 539.207)	+	(1140.969 - 626.463) )	/ 2 )
	=	176.302	/	( (406.897	+	514.506)	/ 2 )
	=	176.302	/	460.7015
	=	38.27 %

Accent Microcell's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	176.302	/	( ( (946.104 - 539.207)	+	(1140.969 - 626.463) )	/ 2 )
	=	176.302	/	( ( 406.897	+	514.506 )	/ 2 )
	=	176.302	/	460.7015
	=	38.27 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

Accent Microcell (NSE:ACCENTMIC) 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.

Accent Microcell ROCE % Related Terms

Thank you for viewing the detailed overview of Accent Microcell's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Accent Microcell (NSE:ACCENTMIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Accent Microcell Ltd (NSE:ACCENTMIC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shyamal Cross Roads, Anandnagar Road, 314, Shangrilla Arcade, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.accentmicrocell.com

Accent Microcell Ltd is a manufacturer of Pharmaceutical Products. It has Products such as Microcrystalline cellulose is a term for refined wood pulp and is used as a texturizer, an anti-caking agent, a fat substitute, an emulsifier, an extender, and a bulking agent in food production; Cross Carmellose Sodium Croscarmellose sodium is an internally cross-linked sodium carboxymethylcellulose for use as a super disintegrant in pharmaceutical formulations; Magnesium Stearate which is also called octadecanoic acid, magnesium salt, is a white substance, powder which becomes solid at room temperature and also produces Cellulose Powder is white or almost white, odourless, tasteless, Practically insoluble in water, dilute acid and organic solvents, Slightly soluble in dilute NaOH solution.

Accent Microcell (NSE:ACCENTMIC) Headlines

No Headlines