Jayatma Industries (BOM:531323) ROCE % : 1.35% (As of Dec. 2024)

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What is Jayatma 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. Jayatma Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.35%.

Jayatma Industries ROCE % Historical Data

The historical data trend for Jayatma 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.

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Jayatma Industries ROCE % Chart

Jayatma Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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19.74

13.79

8.90

5.76

8.76

Jayatma Industries 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															6.47	4.58	3.45	0.52	1.35

Jayatma Industries ROCE % Calculation

Jayatma Industries'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 )
	=	14.005	/	( ( (373.106 - 224.831)	+	(273.734 - 102.175) )	/ 2 )
	=	14.005	/	( (148.275	+	171.559)	/ 2 )
	=	14.005	/	159.917
	=	8.76 %

Jayatma Industries'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 )
	=	3.472	/	( ( (302.034 - 45.474)	+	(0 - 0) )	/ 1 )
	=	3.472	/	( ( 256.56	+	0 )	/ 1 )
	=	3.472	/	256.56
	=	1.35 %

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

Jayatma Industries (BOM:531323) 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.

Jayatma Industries ROCE % Related Terms

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Jayatma Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jayatma Industries Ltd (BOM:531323) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1, Laxmi Nagar Co-op Hou Soc Ltd, 4th Floor, Naranpura, Beside Naranpura post office, Ahmedabad, GJ, IND, 380013

Website

https://www.jayatmaindustries.com

Jayatma Industries Ltd is engaged in the business of trading in cotton and blended yarns. The company manufactures and trades various types of cotton such as Kapas, Ginning cotton bales, Raw oil and its agro by-products Yarn, and much more. The majority of the firm's revenue comes from Cotton products. The group has a business presence in India and Outside India, of which key revenue is derived within India.

Jayatma Industries Headlines

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