UR Sugar Industries (BOM:539097) ROCE % : -5.19% (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is UR Sugar Industries 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. UR Sugar Industries's annualized ROCE % for the quarter that ended in Mar. 2024 was -5.19%.

UR Sugar Industries ROCE % Historical Data

The historical data trend for UR Sugar Industries'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.

UR Sugar Industries ROCE % Chart

UR Sugar Industries Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-61.50

35.67

13.38

-1.38

4.52

UR Sugar Industries Quarterly Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-4.73	-2.58	21.28	4.10	-5.19

UR Sugar Industries ROCE % Calculation

UR Sugar Industries'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 )
	=	8.107	/	( ( (177.775 - 1.027)	+	(188.231 - 6.653) )	/ 2 )
	=	8.107	/	( (176.748	+	181.578)	/ 2 )
	=	8.107	/	179.163
	=	4.52 %

UR Sugar Industries'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 )
	=	-9.468	/	( ( (186.361 - 3.077)	+	(188.231 - 6.653) )	/ 2 )
	=	-9.468	/	( ( 183.284	+	181.578 )	/ 2 )
	=	-9.468	/	182.431
	=	-5.19 %

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

UR Sugar Industries (BOM:539097) 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.

UR Sugar Industries ROCE % Related Terms

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

UR Sugar Industries (BOM:539097) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » UR Sugar Industries Ltd (BOM:539097) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

UR Building, Basweshware Circle, Bellad-Bagewadi, Taluka Hukkeri, District Belgaum, Belgaum, KA, IND, 591305

Website

https://www.hkglimited.com

UR Sugar Industries Ltd formerly HKG Ltd connects small businesses and empowers them to grow through its web interfaces and services. Its services include My RERA, Area Online, My Notification, My Locker, and Mera Financial, among others. It is also engaged in the trading of securities. The business verticals of the group have a presence in industries like Retail, Hyperlocal, E-commerce, Real Estate, Digital Marketing, News and Information, Web Services, and others.

UR Sugar Industries (BOM:539097) Headlines

No Headlines