Hindustan Organic Chemicals (BOM:500449) ROCE % : -455.58% (As of Dec. 2024)

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What is Hindustan Organic Chemicals 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. Hindustan Organic Chemicals's annualized ROCE % for the quarter that ended in Dec. 2024 was -455.58%.

Hindustan Organic Chemicals ROCE % Historical Data

The historical data trend for Hindustan Organic Chemicals'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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Hindustan Organic Chemicals ROCE % Chart

Hindustan Organic Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-8.78

14.59

16.29

13.96

14.84

Hindustan Organic Chemicals 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															-1.85	20.92	-77.89	32.70	-455.58

Hindustan Organic Chemicals ROCE % Calculation

Hindustan Organic Chemicals'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 )
	=	141.612	/	( ( (14741.787 - 13835.317)	+	(15723.445 - 14721.325) )	/ 2 )
	=	141.612	/	( (906.47	+	1002.12)	/ 2 )
	=	141.612	/	954.295
	=	14.84 %

Hindustan Organic Chemicals'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 )
	=	-2420.336	/	( ( (15778.002 - 15246.743)	+	(0 - 0) )	/ 1 )
	=	-2420.336	/	( ( 531.259	+	0 )	/ 1 )
	=	-2420.336	/	531.259
	=	-455.58 %

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

Hindustan Organic Chemicals (BOM:500449) 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.

Hindustan Organic Chemicals ROCE % Related Terms

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Hindustan Organic Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hindustan Organic Chemicals Ltd (BOM:500449) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Ambalamugal PO, Post Bag: No: 18, Kunnathunad, Ernakulam, KL, IND, 682302

Website

https://www.hoclindia.com

Hindustan Organic Chemicals Ltd or HOCL is an India-based company engaged in the manufacturing and sale of chemicals. Its main products include Phenol, Acetone and Peroxide. It provides various organic chemicals for industries, such as resins and laminates, dyes and dyes intermediates, drugs and pharmaceuticals, rubber chemicals, paints, pesticides and others. It also produces plastic polytetrafluoroethylene through its subsidiary. HOCL uses raw materials, such as benzene, toluene, liquefied petroleum gas (LPG), methanol, naphtha, and sulfur. HOCL has only one functioning unit located Kochi Kerala.

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