Gujchem Distillers India (BOM:506640) ROCE % : -1.57% (As of Dec. 2024)

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What is Gujchem Distillers India 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. Gujchem Distillers India's annualized ROCE % for the quarter that ended in Dec. 2024 was -1.57%.

Gujchem Distillers India ROCE % Historical Data

The historical data trend for Gujchem Distillers India'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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Gujchem Distillers India ROCE % Chart

Gujchem Distillers India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.33

2.35

7.70

0.45

2.08

Gujchem Distillers India 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															1.47	3.09	-1.95	2.34	-1.57

Gujchem Distillers India ROCE % Calculation

Gujchem Distillers India'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 )
	=	5.746	/	( ( (164.211 - 0.358)	+	(392.211 - 3.579) )	/ 2 )
	=	5.746	/	( (163.853	+	388.632)	/ 2 )
	=	5.746	/	276.2425
	=	2.08 %

Gujchem Distillers India'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 )
	=	-21.932	/	( ( (1729.835 - 337.07)	+	(0 - 0) )	/ 1 )
	=	-21.932	/	( ( 1392.765	+	0 )	/ 1 )
	=	-21.932	/	1392.765
	=	-1.57 %

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

Gujchem Distillers India (BOM:506640) 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.

Gujchem Distillers India ROCE % Related Terms

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Gujchem Distillers India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gujchem Distillers India Ltd (BOM:506640) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

S.G. Highway, Survey No. 146, 307, 3rd Floor, Plot No. 314, Ashirwad Paras-1, Opposite Andaj Party, Makarba, Ahmedabad, GJ, IND, 380051

Website

https://www.gujchemdistillers.in

Gujchem Distillers India Ltd is a chemical company. The principal business activities of the company are manufacturing and selling industrial alcohol, acetaldehyde, acetic acid and auxiliaries, and chemicals. The company also provides services as a commission agent.

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