Terai Tea Co (BOM:530533) ROCE % : 2.32% (As of Dec. 2024)

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What is Terai Tea Co 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. Terai Tea Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.32%.

Terai Tea Co ROCE % Historical Data

The historical data trend for Terai Tea Co'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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Terai Tea Co ROCE % Chart

Terai Tea Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.32

5.83

7.14

2.20

3.25

Terai Tea Co 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															7.31	-0.38	12.94	22.11	2.32

Terai Tea Co ROCE % Calculation

Terai Tea Co'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 )
	=	54.036	/	( ( (1886.867 - 251.906)	+	(1878.845 - 187.21) )	/ 2 )
	=	54.036	/	( (1634.961	+	1691.635)	/ 2 )
	=	54.036	/	1663.298
	=	3.25 %

Terai Tea Co'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 )
	=	39.56	/	( ( (2027.571 - 325.098)	+	(0 - 0) )	/ 1 )
	=	39.56	/	( ( 1702.473	+	0 )	/ 1 )
	=	39.56	/	1702.473
	=	2.32 %

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

Terai Tea Co (BOM:530533) 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.

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Terai Tea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Terai Tea Co Ltd (BOM:530533) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Sevoke Road, 2nd Mile, Agarwala House, Siliguri, WB, IND, 734001

Website

https://www.teraigroup.com

Terai Tea Co Ltd is a tea manufacturing company in North Bengal, India. In addition, it is engaged in the trading of sugar, Raw Jute, and various merchandise fabrics. The company is also involved in the export of various merchandise to Bangladesh and other Middle East countries.

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