Mercury Trade Links (BOM:512415) ROCE % : 26.24% (As of Dec. 2024)

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What is Mercury Trade Links 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. Mercury Trade Links's annualized ROCE % for the quarter that ended in Dec. 2024 was 26.24%.

Mercury Trade Links ROCE % Historical Data

The historical data trend for Mercury Trade Links'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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Mercury Trade Links ROCE % Chart

Mercury Trade Links Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-52.06

14.01

-19.43

1.64

23.67

Mercury Trade Links 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															203.13	0.38	33.40	31.32	26.24

Mercury Trade Links ROCE % Calculation

Mercury Trade Links'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 )
	=	14.036	/	( ( (6.959 - 2.847)	+	(196.745 - 82.257) )	/ 2 )
	=	14.036	/	( (4.112	+	114.488)	/ 2 )
	=	14.036	/	59.3
	=	23.67 %

Mercury Trade Links'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 )
	=	33.888	/	( ( (148.016 - 18.881)	+	(0 - 0) )	/ 1 )
	=	33.888	/	( ( 129.135	+	0 )	/ 1 )
	=	33.888	/	129.135
	=	26.24 %

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

Mercury Trade Links (BOM:512415) 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.

Mercury Trade Links ROCE % Related Terms

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Mercury Trade Links Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Mercury Trade Links Ltd (BOM:512415) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

SP Ring Road, 518 Swati Crimson and Clover Shilaj Circle, Thaltej, Ahmedabad, GJ, IND, 380054

Website

https://www.mercurytradelinks.co.in

Mercury Trade Links Ltd is engaged in the business of trading of Agriculture Products and other related materials. The company trades agro products, such as fertilizers, manures, plant or animal foods, pesticides, including insecticides, herbicides or pesticides and fungicides, and all types of rice, maize, milo, seeds, cotton seeds, soybeans, ground nuts, castors, linseeds, sunflower, coconut, rapeseed, almond, sesame, mustard, sea seed, grapeseed, etc.

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