Alna Trading & Exports (BOM:506120) ROCE % : -3.93% (As of Mar. 2024)

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What is Alna Trading & Exports 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. Alna Trading & Exports's annualized ROCE % for the quarter that ended in Mar. 2024 was -3.93%.

Alna Trading & Exports ROCE % Historical Data

The historical data trend for Alna Trading & Exports'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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Alna Trading & Exports ROCE % Chart

Alna Trading & Exports Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.59

1.63

-3.21

0.26

0.13

Alna Trading & Exports Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															15.03	12.84	-3.19	-4.92	-3.93

Alna Trading & Exports ROCE % Calculation

Alna Trading & Exports'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 )
	=	0.026	/	( ( (25.475 - 5.883)	+	(19.745 - 0.022) )	/ 2 )
	=	0.026	/	( (19.592	+	19.723)	/ 2 )
	=	0.026	/	19.6575
	=	0.13 %

Alna Trading & Exports's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.776	/	( ( (0 - 0)	+	(19.745 - 0.022) )	/ 1 )
	=	-0.776	/	( ( 0	+	19.723 )	/ 1 )
	=	-0.776	/	19.723
	=	-3.93 %

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

Alna Trading & Exports (BOM:506120) 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.

Alna Trading & Exports ROCE % Related Terms

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Alna Trading & Exports (BOM:506120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Alna Trading & Exports Ltd (BOM:506120) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

J.A.Allana Marg, Allana House, Colaba, Mumbai, MH, IND, 400001

Website

https://www.allana.com

Alna Trading & Exports Ltd is engaged in the field of procuring and trading coffee. It also exports frozen meat, processed and frozen fruit and vegetable products, Coffee, and Spices. Maximum revenue from the sale and trading of coffee beans.

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