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JSW Holdings (BOM:532642) ROCE % : 1.71% (As of Sep. 2024)


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What is JSW Holdings 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. JSW Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.71%.


JSW Holdings ROCE % Historical Data

The historical data trend for JSW Holdings'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.

JSW Holdings ROCE % Chart

JSW Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 0.81 0.98 1.79 0.61

JSW Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.30 0.37 0.32 0.33 1.71

JSW Holdings ROCE % Calculation

JSW Holdings'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 )
=1574.898/( ( (220390.242 - 13.888) + (292509.473 - 9.284) )/ 2 )
=1574.898/( (220376.354+292500.189)/ 2 )
=1574.898/256438.2715
=0.61 %

JSW Holdings's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=6338.42/( ( (0 - 0) + (371142.107 - 17.585) )/ 1 )
=6338.42/( ( 0 + 371124.522 )/ 1 )
=6338.42/371124.522
=1.71 %

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


JSW Holdings  (BOM:532642) 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.


JSW Holdings ROCE % Related Terms

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JSW Holdings Business Description

Traded in Other Exchanges
Address
JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
JSW Holdings Ltd is a conglomerate company with businesses in steel, energy, infrastructure, and cement. Its primary business segment is Investing and Financing. It derives revenue from Interest Income, Dividend Income, and Pledge Fees. Product offering under Steel includes Hot Rolled, Cold Rolled, Color Coated Products, Galvanized, Galvalume, Avante Steel Doors, and Light Steel Building solutions. The infrastructure business develops seaports and terminals, shipyards, townships, port-based special economic zone, industrial clusters, and last-mile connectivity projects.

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