GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mohota Industries Ltd (BOM:530047) » Definitions » ROCE %

Mohota Industries (BOM:530047) ROCE % : -2.28% (As of Dec. 2022)


View and export this data going back to 2001. Start your Free Trial

What is Mohota 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. Mohota Industries's annualized ROCE % for the quarter that ended in Dec. 2022 was -2.28%.


Mohota Industries ROCE % Historical Data

The historical data trend for Mohota 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.

Mohota Industries ROCE % Chart

Mohota Industries Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.76 4.65 -11.32 -4.81 -2.99

Mohota Industries Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.71 -1.91 -1.77 -1.03 -2.28

Mohota Industries ROCE % Calculation

Mohota Industries's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=-52.702/( ( (2919.154 - 1130.947) + (2838.451 - 1103.187) )/ 2 )
=-52.702/( (1788.207+1735.264)/ 2 )
=-52.702/1761.7355
=-2.99 %

Mohota Industries's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-39.248/( ( (2826.442 - 1106.833) + (0 - 0) )/ 1 )
=-39.248/( ( 1719.609 + 0 )/ 1 )
=-39.248/1719.609
=-2.28 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

* 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.


Mohota Industries  (BOM:530047) 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.


Mohota Industries ROCE % Related Terms

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


Mohota Industries (BOM:530047) Business Description

Traded in Other Exchanges
N/A
Address
Ram Mandir Ward, District Wardha, Hinganghat, MH, IND, 442301
Mohota Industries Ltd is an integrated company converting the basic fibre to rich fabrics. It operates in the business segment of Textiles. The company has three product divisions - Spinning, Weaving, and Processing. The product portfolio includes Yarn, RMG Fabric, and Grey/RFD Fabric.

Mohota Industries (BOM:530047) Headlines

No Headlines