Trans India House Impex (BOM:523752) ROCE % : 19.46% (As of Jun. 2024)

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What is Trans India House Impex 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. Trans India House Impex's annualized ROCE % for the quarter that ended in Jun. 2024 was 19.46%.

Trans India House Impex ROCE % Historical Data

The historical data trend for Trans India House Impex'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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Trans India House Impex ROCE % Chart

Trans India House Impex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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81.28

34.44

Trans India House Impex Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															16.50	17.87	9.18	42.55	19.46

Trans India House Impex ROCE % Calculation

Trans India House Impex'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 )
	=	47.407	/	( ( (323.969 - 245.163)	+	(1003.114 - 806.657) )	/ 2 )
	=	47.407	/	( (78.806	+	196.457)	/ 2 )
	=	47.407	/	137.6315
	=	34.44 %

Trans India House Impex's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	38.224	/	( ( (1003.114 - 806.657)	+	(0 - 0) )	/ 1 )
	=	38.224	/	( ( 196.457	+	0 )	/ 1 )
	=	38.224	/	196.457
	=	19.46 %

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

Trans India House Impex (BOM:523752) 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.

Trans India House Impex ROCE % Related Terms

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Trans India House Impex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Trans India House Impex Ltd (BOM:523752) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

B-1101, Titanium Square, B/H. Sarveshwar Tower, Opposite B .M.W. Show Room, Thaltej, Ahmedabad, GJ, IND, 380054

Website

https://www.tihil.co.in

Trans India House Impex Ltd is a service-oriented export trading company providing domestic and international companies the opportunity to import and export products to new and existing markets. Its product offering includes Ceramic tiles, Packaging, Textiles, and Dehydrated vegetables. The services offered by the company cover Import-Export, Logistics, and Merchant Trading.

Trans India House Impex Headlines

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