Skipper (BOM:538562) ROCE % : 27.99% (As of Dec. 2024)

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What is Skipper 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. Skipper's annualized ROCE % for the quarter that ended in Dec. 2024 was 27.99%.

Skipper ROCE % Historical Data

The historical data trend for Skipper'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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Skipper ROCE % Chart

Skipper Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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10.57

9.50

10.27

12.59

20.61

Skipper 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															24.66	21.58	27.18	28.50	27.99

Skipper ROCE % Calculation

Skipper'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 )
	=	2582.72	/	( ( (22226.41 - 11048.38)	+	(31447.14 - 17564.09) )	/ 2 )
	=	2582.72	/	( (11178.03	+	13883.05)	/ 2 )
	=	2582.72	/	12530.54
	=	20.61 %

Skipper'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 )
	=	3926.16	/	( ( (34150.74 - 20125.04)	+	(0 - 0) )	/ 1 )
	=	3926.16	/	( ( 14025.7	+	0 )	/ 1 )
	=	3926.16	/	14025.7
	=	27.99 %

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

Skipper (BOM:538562) 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.

Skipper ROCE % Related Terms

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Skipper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Skipper Ltd (BOM:538562) » Definitions » ROCE %

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SKIPPER:India

Address

3A, Loudon Street, 1st Floor, Kolkata, WB, IND, 700017

Website

https://www.skipperlimited.com

Skipper Ltd is a manufacturer of transmission and distribution structures (towers and poles) and PVC Pipes and Fittings. It operates through Engineering Products, Infrastructure Projects, and Polymer Products segments. Business activity functions through India but it also exports its product to South America, Europe, Africa, the Middle East, South and Southeast Asia, and Australia. Skipper derives the majority of revenue through the Engineering Products segment which offers power transmission towers, power distribution poles, transmission line monopoles, fasteners, and others. Geographically, the company derives a majority of its revenue from India.

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