Indian Wood Products Co (BOM:540954) ROCE % : 2.59% (As of Dec. 2023)

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What is Indian Wood Products Co 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. Indian Wood Products Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.59%.

Indian Wood Products Co ROCE % Historical Data

The historical data trend for Indian Wood Products Co'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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Indian Wood Products Co ROCE % Chart

Indian Wood Products Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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6.98

3.79

2.04

1.29

2.02

Indian Wood Products Co 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															2.44	1.62	3.03	2.62	2.59

Indian Wood Products Co ROCE % Calculation

Indian Wood Products Co'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 )
	=	88.497	/	( ( (5360.014 - 967.064)	+	(5302.659 - 947.62) )	/ 2 )
	=	88.497	/	( (4392.95	+	4355.039)	/ 2 )
	=	88.497	/	4373.9945
	=	2.02 %

Indian Wood Products Co'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 )
	=	112.7	/	( ( (5392.418 - 1047.249)	+	(0 - 0) )	/ 1 )
	=	112.7	/	( ( 4345.169	+	0 )	/ 1 )
	=	112.7	/	4345.169
	=	2.59 %

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

Indian Wood Products Co (BOM:540954) 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.

Indian Wood Products Co ROCE % Related Terms

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Indian Wood Products Co (BOM:540954) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Indian Wood Products Co Ltd (BOM:540954) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9, Brabourne Road, 7th Floor, Bombay Mutual Building, Kolkata, WB, IND, 700001

Website

https://www.iwpkatha.com

Indian Wood Products Co Ltd is engaged in the production, processing, and marketing of Katha and Cutch. The company's products are used as a mouth freshener, medical, and dyeing agent for natural fibers, and are also useful for the treatment of Acute viral hepatitis, and as Anti-diabetic, Anti-inflammatory, Anti-Diarrhoea, Anti-dysentery, Chemo-prevention, and others. It is also traditionally used for the treatment of Gums and Tooth and skin ailments. The company derives a majority of its revenue from the sales of Katha. The group principally operates in India.

Indian Wood Products Co (BOM:540954) Headlines

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