Euro Leder Fashion (BOM:526468) ROCE % : 10.03% (As of Dec. 2024)

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What is Euro Leder Fashion 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. Euro Leder Fashion's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.03%.

Euro Leder Fashion ROCE % Historical Data

The historical data trend for Euro Leder Fashion'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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Euro Leder Fashion ROCE % Chart

Euro Leder Fashion Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.74

7.09

8.42

11.05

10.79

Euro Leder Fashion 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															9.61	3.35	3.34	9.61	10.03

Euro Leder Fashion ROCE % Calculation

Euro Leder Fashion'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 )
	=	17.936	/	( ( (524.848 - 368.559)	+	(475.93 - 299.682) )	/ 2 )
	=	17.936	/	( (156.289	+	176.248)	/ 2 )
	=	17.936	/	166.2685
	=	10.79 %

Euro Leder Fashion'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 )
	=	18.66	/	( ( (442.197 - 256.185)	+	(0 - 0) )	/ 1 )
	=	18.66	/	( ( 186.012	+	0 )	/ 1 )
	=	18.66	/	186.012
	=	10.03 %

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

Euro Leder Fashion (BOM:526468) 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.

Euro Leder Fashion ROCE % Related Terms

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Euro Leder Fashion Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Euro Leder Fashion Ltd (BOM:526468) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, P.P Amman Koil Street, Nagelkeni, Chrompet, Chennai, TN, IND, 600044

Website

https://www.euroleder.com

Euro Leder Fashion Ltd is an India-based company. It is engaged in the manufacturing of leather garments. Its product portfolio consists of Biker jackets, Bomber jackets, Blazers, Dresses, Skirts, Pants, Scarfs, Bags, and others. The company receives maximum revenue from export sales.

Euro Leder Fashion Headlines

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