Saboo Sodium Chloro (BOM:530461) ROCE % : 14.98% (As of Dec. 2023)

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What is Saboo Sodium Chloro 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. Saboo Sodium Chloro's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.98%.

Saboo Sodium Chloro ROCE % Historical Data

The historical data trend for Saboo Sodium Chloro'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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Saboo Sodium Chloro ROCE % Chart

Saboo Sodium Chloro Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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7.19

6.49

6.75

5.19

4.22

Saboo Sodium Chloro Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															16.29	-28.10	5.92	3.22	14.98

Saboo Sodium Chloro ROCE % Calculation

Saboo Sodium Chloro'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 )
	=	25.075	/	( ( (577.515 - 51.685)	+	(688.421 - 25.583) )	/ 2 )
	=	25.075	/	( (525.83	+	662.838)	/ 2 )
	=	25.075	/	594.334
	=	4.22 %

Saboo Sodium Chloro'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 )
	=	98.716	/	( ( (725.461 - 66.441)	+	(0 - 0) )	/ 1 )
	=	98.716	/	( ( 659.02	+	0 )	/ 1 )
	=	98.716	/	659.02
	=	14.98 %

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

Saboo Sodium Chloro (BOM:530461) 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.

Saboo Sodium Chloro ROCE % Related Terms

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Saboo Sodium Chloro (BOM:530461) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Saboo Sodium Chloro Ltd (BOM:530461) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

L-5, B 2, Krishna Marg, Surya House, C-Scheme, Ashok Nagar, Panch Batti, Jaipur, RJ, IND, 302001

Website

https://www.suryasalt.com

Saboo Sodium Chloro Ltd operates a salt refinery in India. The company's operating segments include Salt Business; Energy and Resort. It generates maximum revenue from the Salt Business segment.

Saboo Sodium Chloro (BOM:530461) Headlines

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