Snowman Logistics (BOM:538635) ROCE % : 8.66% (As of Mar. 2024)

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

What is Snowman Logistics 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. Snowman Logistics's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.66%.

Snowman Logistics ROCE % Historical Data

The historical data trend for Snowman Logistics'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.

Snowman Logistics ROCE % Chart

Snowman Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

2.43

3.20

3.48

6.66

7.56

Snowman Logistics 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															7.71	7.31	6.63	7.68	8.66

Snowman Logistics ROCE % Calculation

Snowman Logistics'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 )
	=	490.462	/	( ( (7247.89 - 789.294)	+	(7464.168 - 941.098) )	/ 2 )
	=	490.462	/	( (6458.596	+	6523.07)	/ 2 )
	=	490.462	/	6490.833
	=	7.56 %

Snowman Logistics'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 )
	=	565.012	/	( ( (0 - 0)	+	(7464.168 - 941.098) )	/ 1 )
	=	565.012	/	( ( 0	+	6523.07 )	/ 1 )
	=	565.012	/	6523.07
	=	8.66 %

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

Snowman Logistics (BOM:538635) 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.

Snowman Logistics ROCE % Related Terms

Thank you for viewing the detailed overview of Snowman Logistics's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Snowman Logistics (BOM:538635) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Snowman Logistics Ltd (BOM:538635) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SNOWMAN:India

Address

No. 54, Old Madras Road, Virgo Nagar, Bangalore, KA, IND, 560 049

Website

https://www.snowman.in

Snowman Logistics Ltd is an India-based company. It is engaged in providing integrated cold chain solutions. The company operates in four business segments. The warehousing services segment comprises of temperature-controlled warehousing services operating across locations servicing customers on a pan-India basis. The transportation services segment generally facilitates inter-city transport of products and includes door-to-door service. The consignment agency services segment provides retail distribution through a consignment agency model for customers and Trading and distribution. The warehousing services generate maximum revenue for the company.

Snowman Logistics (BOM:538635) Headlines

No Headlines