Sibar Auto Parts (BOM:520141) ROCE % : -0.32% (As of Dec. 2024)

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What is Sibar Auto Parts 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. Sibar Auto Parts's annualized ROCE % for the quarter that ended in Dec. 2024 was -0.32%.

Sibar Auto Parts ROCE % Historical Data

The historical data trend for Sibar Auto Parts'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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Sibar Auto Parts ROCE % Chart

Sibar Auto Parts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-16.12

-10.90

4.55

4.43

-6.42

Sibar Auto Parts 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															-11.26	-11.08	-6.41	3.71	-0.32

Sibar Auto Parts ROCE % Calculation

Sibar Auto Parts'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 )
	=	-8.756	/	( ( (232.942 - 84.092)	+	(232.969 - 109.257) )	/ 2 )
	=	-8.756	/	( (148.85	+	123.712)	/ 2 )
	=	-8.756	/	136.281
	=	-6.42 %

Sibar Auto Parts'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 )
	=	-0.396	/	( ( (246.156 - 123.164)	+	(0 - 0) )	/ 1 )
	=	-0.396	/	( ( 122.992	+	0 )	/ 1 )
	=	-0.396	/	122.992
	=	-0.32 %

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

Sibar Auto Parts (BOM:520141) 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.

Sibar Auto Parts ROCE % Related Terms

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Sibar Auto Parts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sibar Auto Parts Ltd (BOM:520141) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Renigunta Road, D4 and D5, Industrial Estate, Tirupathi, AP, IND, 517506

Website

https://www.sibarauto.com

Sibar Auto Parts Ltd is in the business of manufacturing and sale of spare parts for automobiles. The company provides two-stroke, four-stroke, blind-end cylinder blocks, air-cooler cylinder heads, water-cooled cylinder heads, and other products for the auto industry. It operates in a single segment which is manufacture of Automobiles and Electrical and providing related customer support services.

Sibar Auto Parts Headlines

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