Veto Switchgears And Cables (BOM:539331) ROCE % : 0.00% (As of Dec. 2024)

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What is Veto Switchgears And Cables 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. Veto Switchgears And Cables's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Veto Switchgears And Cables ROCE % Historical Data

The historical data trend for Veto Switchgears And Cables'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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Veto Switchgears And Cables ROCE % Chart

Veto Switchgears And Cables Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.81

11.99

15.60

14.66

12.76

Veto Switchgears And Cables Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															14.71	12.68	10.77	10.75	-

Veto Switchgears And Cables ROCE % Calculation

Veto Switchgears And Cables'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 )
	=	323.541	/	( ( (3212.676 - 704.06)	+	(3061.923 - 499.978) )	/ 2 )
	=	323.541	/	( (2508.616	+	2561.945)	/ 2 )
	=	323.541	/	2535.2805
	=	12.76 %

Veto Switchgears And Cables'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: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	228.848	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	228.848	/	( ( 0	+	0 )	/ 1 )
	=	228.848	/	0
	=	0 %

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

Veto Switchgears And Cables (BOM:539331) 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.

Veto Switchgears And Cables ROCE % Related Terms

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Veto Switchgears And Cables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veto Switchgears And Cables Ltd (BOM:539331) » Definitions » ROCE %

Traded in Other Exchanges

VETO:India

Address

Tonk Road, Airport Plaza Scheme, 4th Floor, Plot No. 10, Days Hotel, Behind Hotel Radisson Blu, Durgapur, Jaipur, RJ, IND, 302018

Website

https://www.vetoswitchgears.com

Veto Switchgears And Cables Ltd manufactures electronic goods. Its product portfolio includes Wires, Cables, Electrical accessories, Industrial cables, Fans, Compact fluorescent lamps, Modular switches, Light-emitting diode lights, Immersion heaters, Miniature circuit breakers, Distribution boards, and others. The company's segments include Wire and Cables, Lighting and Fittings, and Accessories and Others. It generates maximum revenue from the Lighting and Fittings segment.

Veto Switchgears And Cables Headlines

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