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Krishca Strapping Solutions (NSE:KRISHCA) ROC % : 0.00% (As of Sep. 2024)


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What is Krishca Strapping Solutions ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Krishca Strapping Solutions's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was 0.00%.

As of today (2025-04-07), Krishca Strapping Solutions's WACC % is 11.92%. Krishca Strapping Solutions's ROC % is 10.72% (calculated using TTM income statement data). Krishca Strapping Solutions earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Krishca Strapping Solutions ROC % Historical Data

The historical data trend for Krishca Strapping Solutions's ROC % 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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Krishca Strapping Solutions ROC % Chart

Krishca Strapping Solutions Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROC %
-14.38 0.59 13.98 49.83 31.22

Krishca Strapping Solutions Quarterly Data
Mar20 Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Sep24
ROC % Get a 7-Day Free Trial - - 27.85 28.98 -

Krishca Strapping Solutions ROC % Calculation

Krishca Strapping Solutions's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2024 is calculated as:

ROC % (A: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2023 ) + Invested Capital (A: Mar. 2024 ))/ count )
=184.948 * ( 1 - 24.46% )/( (261.811 + 633.052)/ 2 )
=139.7097192/447.4315
=31.22 %

where

Invested Capital(A: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=776.968 - 131.985 - ( 11.931 - max(0, 337.273 - 499.571+11.931))
=633.052

Krishca Strapping Solutions's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=0 * ( 1 - 0% )/( (633.052 + 1141.914)/ 2 )
=0/887.483
=0.00 %

where

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=776.968 - 131.985 - ( 11.931 - max(0, 337.273 - 499.571+11.931))
=633.052

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1664.706 - 209.869 - ( 312.923 - max(0, 491.2 - 1330.752+312.923))
=1141.914

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

* 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.


Krishca Strapping Solutions  (NSE:KRISHCA) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Krishca Strapping Solutions's WACC % is 11.92%. Krishca Strapping Solutions's ROC % is 10.72% (calculated using TTM income statement data). Krishca Strapping Solutions earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Krishca Strapping Solutions ROC % Related Terms

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Krishca Strapping Solutions Business Description

Traded in Other Exchanges
N/A
Address
Logos Mappedu Industrial and Logistics Park, Building 01B, Mappedu, Thiruvallur District, Chennai, TN, IND, 631 203
Krishca Strapping Solutions Ltd manufactures steel straps, and seals, and provides total packaging solutions. The Company has manufacturing facilities in India and majorly caters to the Indian Market with some export operations to countries in the Middle East. Its products include Steel Straps, Steel Seals, Tarpaulin, Dunnage Air Bag, Cord Strap, Lashing Belt, and Desiccant.

Krishca Strapping Solutions Headlines

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