La Opala RG (BOM:526947) ROCE % : 18.71% (As of Sep. 2024)

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What is La Opala RG 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. La Opala RG's annualized ROCE % for the quarter that ended in Sep. 2024 was 18.71%.

La Opala RG ROCE % Historical Data

The historical data trend for La Opala RG'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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La Opala RG ROCE % Chart

La Opala RG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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18.47

10.12

15.67

20.49

17.67

La Opala RG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															17.43	21.03	11.89	14.69	18.71

La Opala RG ROCE % Calculation

La Opala RG'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 )
	=	1529.448	/	( ( (8969.192 - 630.018)	+	(9272.645 - 298.41) )	/ 2 )
	=	1529.448	/	( (8339.174	+	8974.235)	/ 2 )
	=	1529.448	/	8656.7045
	=	17.67 %

La Opala RG's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1621.168	/	( ( (0 - 0)	+	(10085.025 - 1418.85) )	/ 1 )
	=	1621.168	/	( ( 0	+	8666.175 )	/ 1 )
	=	1621.168	/	8666.175
	=	18.71 %

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

La Opala RG (BOM:526947) 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.

La Opala RG ROCE % Related Terms

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La Opala RG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La Opala RG Ltd (BOM:526947) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LAOPALA:India

Address

EM-4, Sector - V, Premises No. 803 and 804, Eco Centre, 8th Floor, Kolkata, WB, IND, 700 091

Website

https://www.laopala.in

La Opala RG Ltd is a manufacturer and marketer of lifestyle products in the glassware segment. Geographically, it derives a majority of its revenue from India. It generates maximum revenue from Glass and Glassware Products. The company brands include Laopala, Diva, and Solitaire. It deals with glass and glassware products such as plates, bowls, dinner sets, cup-saucer sets, coffee mugs, pudding and dessert sets, and crystalware products comprising barware, vases, bowls, stemware, and others.

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