Orient Paper & Industries (NSE:ORIENTPPR) ROCE % : 1.95% (As of Dec. 2023)

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What is Orient Paper & 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. Orient Paper & Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.95%.

Orient Paper & Industries ROCE % Historical Data

The historical data trend for Orient Paper & 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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Orient Paper & Industries ROCE % Chart

Orient Paper & Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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8.47

1.59

-3.44

-2.12

8.28

Orient Paper & Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															13.30	16.04	11.35	-3.12	1.95

Orient Paper & Industries ROCE % Calculation

Orient Paper & Industries'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 )
	=	1580.519	/	( ( (21725.212 - 2852.819)	+	(22042.025 - 2719.634) )	/ 2 )
	=	1580.519	/	( (18872.393	+	19322.391)	/ 2 )
	=	1580.519	/	19097.392
	=	8.28 %

Orient Paper & Industries'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 )
	=	396.244	/	( ( (23658.159 - 3379.14)	+	(0 - 0) )	/ 1 )
	=	396.244	/	( ( 20279.019	+	0 )	/ 1 )
	=	396.244	/	20279.019
	=	1.95 %

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

Orient Paper & Industries (NSE:ORIENTPPR) 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.

Orient Paper & Industries ROCE % Related Terms

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Orient Paper & Industries (NSE:ORIENTPPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Orient Paper & Industries Ltd (NSE:ORIENTPPR) » Definitions » ROCE %

Traded in Other Exchanges

502420:India

Address

9/1, R. N. Mukherjee Road, 9th Floor, Birla Building, Kolkata, WB, IND, 700001

Website

http://www.orientpaperindia.com

Orient Paper & Industries Ltd is engaged in the manufacturing and selling of paper and other paper-related products and chemicals. The company produces pulp and paper for writing, printing, industrial, and specialty papers. The company manages its business into segments namely Paper and Tissue, and Chemicals. The company generates maximum revenue from the Paper & Tissue segment. The company operates its business in India and overseas.

Orient Paper & Industries (NSE:ORIENTPPR) Headlines

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