Himatsingka Seide (BOM:514043) ROCE % : 11.85% (As of Dec. 2024)

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What is Himatsingka Seide 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. Himatsingka Seide's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.85%.

Himatsingka Seide ROCE % Historical Data

The historical data trend for Himatsingka Seide'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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Himatsingka Seide ROCE % Chart

Himatsingka Seide Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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7.38

4.03

10.46

3.44

11.80

Himatsingka Seide 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															13.58	7.17	12.39	12.04	11.85

Himatsingka Seide ROCE % Calculation

Himatsingka Seide'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 )
	=	4106.834	/	( ( (55341.85 - 21625.766)	+	(57945.11 - 22037.545) )	/ 2 )
	=	4106.834	/	( (33716.084	+	35907.565)	/ 2 )
	=	4106.834	/	34811.8245
	=	11.80 %

Himatsingka Seide'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 )
	=	4190.532	/	( ( (58937.256 - 23571.127)	+	(0 - 0) )	/ 1 )
	=	4190.532	/	( ( 35366.129	+	0 )	/ 1 )
	=	4190.532	/	35366.129
	=	11.85 %

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

Himatsingka Seide (BOM:514043) 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.

Himatsingka Seide ROCE % Related Terms

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Himatsingka Seide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Himatsingka Seide Ltd (BOM:514043) » Definitions » ROCE %

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HIMATSEIDE:India

Address

No. 10/24, Kumara Krupa Road, High Grounds, Near Sindhi High School, Bengaluru, KA, IND, 560001

Website

https://www.himatsingka.com

Himatsingka Seide Ltd is engaged in spinning, weaving, and finishing of textiles, and manufacturing home textile products. It produces upholstery fabrics, drapery fabrics and bed linen products such as sheet sets, pillowcases, duvets, comforters, silk yarns, and silk yarns blended with wool and linen under the brand Calvin Klein Home, Barbara Barry, Pimacott, Atmosphere, and Others. Geographically, it derives a majority of its revenue from North America and also has a presence in India and Asia Pacific, Europe, Middle East and Africa, and Rest of the world.

Himatsingka Seide Headlines

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