N.K. Industries (BOM:519494) ROCE % : -0.11% (As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is N.K. 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. N.K. Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was -0.11%.

N.K. Industries ROCE % Historical Data

The historical data trend for N.K. 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.

* Premium members only.

N.K. Industries ROCE % Chart

N.K. Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-0.27

-0.15

-0.11

-0.10

-0.06

N.K. Industries 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															-0.11	0.21	0.03	-0.15	-0.11

N.K. Industries ROCE % Calculation

N.K. 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 )
	=	-10.645	/	( ( (18975.25 - 40.675)	+	(18961.929 - 38.257) )	/ 2 )
	=	-10.645	/	( (18934.575	+	18923.672)	/ 2 )
	=	-10.645	/	18929.1235
	=	-0.06 %

N.K. Industries'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 )
	=	-20.092	/	( ( (18956.543 - 35.836)	+	(0 - 0) )	/ 1 )
	=	-20.092	/	( ( 18920.707	+	0 )	/ 1 )
	=	-20.092	/	18920.707
	=	-0.11 %

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

N.K. Industries (BOM:519494) 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.

N.K. Industries ROCE % Related Terms

Thank you for viewing the detailed overview of N.K. Industries's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

N.K. Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » N.K. Industries Ltd (BOM:519494) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NKIND:India

Address

Ashram Road, 7th Floor, Popular House, Ahmedabad, GJ, IND, 380 009

Website

https://www.nkindustriesltd.com

N.K. Industries Ltd is engaged in manufacturing and selling refined castor oil and its derivatives. The company is organized into one principal operating division - Oils. Its product portfolio comprises commercial-grade castor oil, first-pressed degummed castor oil, hydrogenated castor oil flakes or powder, and de-oiled cake.

N.K. Industries Headlines

No Headlines