York Exports (BOM:530675) ROCE % : 8.53% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is York Exports 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. York Exports's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.53%.

York Exports ROCE % Historical Data

The historical data trend for York Exports'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.

York Exports ROCE % Chart

York Exports Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

7.85

9.30

7.26

10.31

12.17

York Exports 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															12.03	-9.99	12.39	28.17	8.53

York Exports ROCE % Calculation

York Exports'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 )
	=	22.125	/	( ( (315.352 - 136.963)	+	(332.123 - 146.783) )	/ 2 )
	=	22.125	/	( (178.389	+	185.34)	/ 2 )
	=	22.125	/	181.8645
	=	12.17 %

York Exports'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 )
	=	16.768	/	( ( (418.712 - 222.088)	+	(0 - 0) )	/ 1 )
	=	16.768	/	( ( 196.624	+	0 )	/ 1 )
	=	16.768	/	196.624
	=	8.53 %

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

York Exports (BOM:530675) 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.

York Exports ROCE % Related Terms

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

York Exports (BOM:530675) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » York Exports Ltd (BOM:530675) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

30, Ferozeshah Road, Connaught Place, D-6, Diwan Shree Apartments, New Delhi, IND, 110001

Website

https://www.yorkexports.in

York Exports Ltd is engaged in manufacturing knitwear and readymade garments. The company's operating segment includes textile manufacturing.

York Exports (BOM:530675) Headlines

No Headlines