Nath Bio-Genes (India) (BOM:537291) ROCE % : 1.20% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Nath Bio-Genes (India) 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. Nath Bio-Genes (India)'s annualized ROCE % for the quarter that ended in Mar. 2024 was 1.20%.

Nath Bio-Genes (India) ROCE % Historical Data

The historical data trend for Nath Bio-Genes (India)'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.

Nath Bio-Genes (India) ROCE % Chart

Nath Bio-Genes (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

10.25

10.99

-9.18

8.25

7.91

Nath Bio-Genes (India) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															2.22	25.10	3.17	3.24	1.20

Nath Bio-Genes (India) ROCE % Calculation

Nath Bio-Genes (India)'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 )
	=	472.271	/	( ( (7927.969 - 2164.533)	+	(8802.306 - 2624.469) )	/ 2 )
	=	472.271	/	( (5763.436	+	6177.837)	/ 2 )
	=	472.271	/	5970.6365
	=	7.91 %

Nath Bio-Genes (India)'s ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	74.3	/	( ( (0 - 0)	+	(8802.306 - 2624.469) )	/ 1 )
	=	74.3	/	( ( 0	+	6177.837 )	/ 1 )
	=	74.3	/	6177.837
	=	1.20 %

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

Nath Bio-Genes (India) (BOM:537291) 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.

Nath Bio-Genes (India) ROCE % Related Terms

Thank you for viewing the detailed overview of Nath Bio-Genes (India)'s ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nath Bio-Genes (India) (BOM:537291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nath Bio-Genes (India) Ltd (BOM:537291) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NATHBIOGEN:India

Address

Nath House, Nath Road, Chhatrapati Sambhajinagar, MH, IND, 431005

Website

https://www.nathbiogenes.com

Nath Bio-Genes (India) Ltd is engaged in the business of production, processing, and marketing of Hybrid and GM seeds. The company has a product range of field crops, vegetable crops, and micronutrient supplements. It has developed products across verticals of cotton, paddy, mustard, maize, okra, tomato, gourds, chili, and crop nutrition supplements. The operating segments of the group are Agriculture activities and Trading activities, of which a majority of revenue is derived from the Agriculture activities segment. Geographically, the group has a business presence in India and other countries, of which key revenue is generated within India.

Nath Bio-Genes (India) (BOM:537291) Headlines

No Headlines