Bio Green Papers (BOM:534535) ROCE % : -1.99% (As of Sep. 2021)

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What is Bio Green Papers 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. Bio Green Papers's annualized ROCE % for the quarter that ended in Sep. 2021 was -1.99%.

Bio Green Papers ROCE % Historical Data

The historical data trend for Bio Green Papers'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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Bio Green Papers ROCE % Chart

Bio Green Papers Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

ROCE %

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-3.78

-7.56

1.47

-0.31

-5.91

Bio Green Papers Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
ROCE %	Get a 7-Day Free Trial															-0.69	-1.56	-21.13	-0.71	-1.99

Bio Green Papers ROCE % Calculation

Bio Green Papers's annualized ROCE % for the fiscal year that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	-30.906	/	( ( (580.364 - 25.434)	+	(492.166 - 1.502) )	/ 2 )
	=	-30.906	/	( (554.93	+	490.664)	/ 2 )
	=	-30.906	/	522.797
	=	-5.91 %

Bio Green Papers's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	-9.632	/	( ( (0 - 0)	+	(487.572 - 2.823) )	/ 1 )
	=	-9.632	/	( ( 0	+	484.749 )	/ 1 )
	=	-9.632	/	484.749
	=	-1.99 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

Bio Green Papers (BOM:534535) 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.

Bio Green Papers ROCE % Related Terms

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Bio Green Papers (BOM:534535) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Bio Green Papers Ltd (BOM:534535) » Definitions » ROCE %

Comparable Companies

BOM:531436 BOM:516032 BOM:532397 BOM:526751 BOM:530255 BOM:530755 BOM:502589 BOM:512604 BOM:516020 BOM:539599

Traded in Other Exchanges

N/A

Address

H.No: 6-3-347/C/504, 5th Floor, Sandhya Enclave, Dwarakapuri Colony, Panjagutta, Hyderabad, TG, IND, 500082

Website

http://www.biogreenpapers.com

Bio Green Papers Ltd is an Indian based company operating in the paper product business. The business activity of the group includes manufacturing of Kraft Paper board and cultivation & sale of Jatropha Plants.

Bio Green Papers (BOM:534535) Headlines

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