Vikas WSP (BOM:519307) ROCE % : -4.36% (As of Sep. 2024)

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What is Vikas WSP 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. Vikas WSP's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.36%.

Vikas WSP ROCE % Historical Data

The historical data trend for Vikas WSP'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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Vikas WSP ROCE % Chart

Vikas WSP Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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2.05

-7.08

-16.07

-4.24

-4.27

Vikas WSP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-4.16	-	-	-4.29	-4.36

Vikas WSP ROCE % Calculation

Vikas WSP'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 )
	=	-354.939	/	( ( (14979.132 - 6539.601)	+	(14727.122 - 6548.908) )	/ 2 )
	=	-354.939	/	( (8439.531	+	8178.214)	/ 2 )
	=	-354.939	/	8308.8725
	=	-4.27 %

Vikas WSP'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 )
	=	-349.112	/	( ( (0 - 0)	+	(14558.334 - 6555.077) )	/ 1 )
	=	-349.112	/	( ( 0	+	8003.257 )	/ 1 )
	=	-349.112	/	8003.257
	=	-4.36 %

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

Vikas WSP (BOM:519307) 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.

Vikas WSP ROCE % Related Terms

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Vikas WSP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vikas WSP Ltd (BOM:519307) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

B-86/87, Udyog Vihar, RIICO Industrial Area, Sri Ganganagar, RJ, IND, 335001

Website

http://www.vikaswspltd.in

Vikas WSP Ltd is an India based guar gum powder manufacturer. The company supplies guar gum powder and guar-based products to all sectors of the food industry. It also supplies guar gum for technical applications such as pet food, oil drilling, and fracturing, textile printing, paper making, and other purposes. The company serves the domestic as well as international markets.

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