Goodricke Group (BOM:500166) ROCE % : -12.96% (As of Dec. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Goodricke Group 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. Goodricke Group's annualized ROCE % for the quarter that ended in Dec. 2024 was -12.96%.

Goodricke Group ROCE % Historical Data

The historical data trend for Goodricke Group'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.

Goodricke Group ROCE % Chart

Goodricke Group Annual Data

Trend

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

5.21

8.02

3.44

1.85

-14.02

Goodricke Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-19.29	-75.20	14.61	58.46	-12.96

Goodricke Group ROCE % Calculation

Goodricke Group's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-555.16	/	( ( (6392.29 - 2139.65)	+	(6481.48 - 2816.5) )	/ 2 )
	=	-555.16	/	( (4252.64	+	3664.98)	/ 2 )
	=	-555.16	/	3958.81
	=	-14.02 %

Goodricke Group's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-564	/	( ( (7548.4 - 3195)	+	(0 - 0) )	/ 1 )
	=	-564	/	( ( 4353.4	+	0 )	/ 1 )
	=	-564	/	4353.4
	=	-12.96 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Goodricke Group (BOM:500166) 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.

Goodricke Group ROCE % Related Terms

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

Goodricke Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goodricke Group Ltd (BOM:500166) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Gurusaday Road, Camellia House, Kolkata, WB, IND, 700 019

Website

http://www.goodricke.com

Goodricke Group Ltd is an Indian company engaged in the cultivating, manufacturing, and sale of tea in various forms. It operates in a single segment which is Tea. Its products include bulk teas and instant teas. It also owns tea gardens, which are located in Darjeeling, Assam, and Dooars. The firm generates majority revenue within India.

Goodricke Group Headlines

No Headlines