Jay shree Tea & Industries (BOM:509715) ROCE % : 47.06% (As of Sep. 2024)

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What is Jay shree Tea & Industries 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. Jay shree Tea & Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 47.06%.

Jay shree Tea & Industries ROCE % Historical Data

The historical data trend for Jay shree Tea & Industries'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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Jay shree Tea & Industries ROCE % Chart

Jay shree Tea & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-3.02

12.46

1.28

-3.50

9.93

Jay shree Tea & Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															19.06	9.11	-18.94	0.35	47.06

Jay shree Tea & Industries ROCE % Calculation

Jay shree Tea & Industries'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 )
	=	370.5	/	( ( (9175.282 - 5473.091)	+	(10440 - 6682.1) )	/ 2 )
	=	370.5	/	( (3702.191	+	3757.9)	/ 2 )
	=	370.5	/	3730.0455
	=	9.93 %

Jay shree Tea & Industries's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1866	/	( ( (0 - 0)	+	(9961.6 - 5996.5) )	/ 1 )
	=	1866	/	( ( 0	+	3965.1 )	/ 1 )
	=	1866	/	3965.1
	=	47.06 %

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

Jay shree Tea & Industries (BOM:509715) 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.

Jay shree Tea & Industries ROCE % Related Terms

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Jay shree Tea & Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jay shree Tea & Industries Ltd (BOM:509715) » Definitions » ROCE %

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JAYSREETEA:India

Address

10 Camac Street, Industry House, 15th Floor, Kolkata, WB, IND, 700017

Website

https://www.jayshreetea.com

Jay shree Tea & Industries Ltd is engaged in the cultivation, production, and export of tea. The company is also engaged in the manufacturing of chemicals, fertilizers, sugar production, and warehousing activities. Its segments include Tea, Sugar, and Chemicals and fertilizers. It derives most of its revenue from the Tea segment. It offers various tea categories, such as Darjeeling Tea, Assam Orthodox Tea, Assam CTC. Geographically, it generates the majority of the revenue from India.

Jay shree Tea & Industries Headlines

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