NACL Industries (BOM:524709) ROCE % : -0.72% (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is NACL 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. NACL Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.72%.

NACL Industries ROCE % Historical Data

The historical data trend for NACL 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.

NACL Industries ROCE % Chart

NACL Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

5.12

13.82

21.28

20.03

22.19

NACL Industries Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															26.03	17.71	25.92	13.19	-0.72

NACL Industries ROCE % Calculation

NACL Industries's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	1647.1	/	( ( (15155.1 - 8313.4)	+	(19152.7 - 11150.7) )	/ 2 )
	=	1647.1	/	( (6841.7	+	8002)	/ 2 )
	=	1647.1	/	7421.85
	=	22.19 %

NACL Industries's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-52.8	/	( ( (19479.1 - 12170.4)	+	(0 - 0) )	/ 1 )
	=	-52.8	/	( ( 7308.7	+	0 )	/ 1 )
	=	-52.8	/	7308.7
	=	-0.72 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

NACL Industries (BOM:524709) 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.

NACL Industries ROCE % Related Terms

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

NACL Industries (BOM:524709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » NACL Industries Ltd (BOM:524709) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NACLIND:India

Address

Plot No. 12-A, C Block, Lakshmi Towers, Nagarjuna Hills, Number 8-2-248/1/7/78, Panjagutta, Hyderabad, TG, IND, 500082

Website

https://www.naclind.com

NACL Industries Ltd is an Indian company engaged in the business of manufacturing and marketing crop protection products. It manufactures all kinds of Pesticides, Insecticides, Acaricides, Herbicides, Fungicides, and other plant growth chemicals. The company also exports technicals and formulations and does toll manufacture for various multinational companies. The group sells its products in India and also exports them Outside India.

NACL Industries (BOM:524709) Headlines

No Headlines