AMS Polymers (BOM:540066) ROCE % : 47.98% (As of Jun. 2024)

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What is AMS Polymers 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. AMS Polymers's annualized ROCE % for the quarter that ended in Jun. 2024 was 47.98%.

AMS Polymers ROCE % Historical Data

The historical data trend for AMS Polymers'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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AMS Polymers ROCE % Chart

AMS Polymers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.36

6.80

9.40

28.87

32.77

AMS Polymers Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															119.01	35.96	54.27	7.04	47.98

AMS Polymers ROCE % Calculation

AMS Polymers'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 )
	=	13.627	/	( ( (346.328 - 307.898)	+	(428.218 - 383.474) )	/ 2 )
	=	13.627	/	( (38.43	+	44.744)	/ 2 )
	=	13.627	/	41.587
	=	32.77 %

AMS Polymers's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	21.468	/	( ( (428.218 - 383.474)	+	(0 - 0) )	/ 1 )
	=	21.468	/	( ( 44.744	+	0 )	/ 1 )
	=	21.468	/	44.744
	=	47.98 %

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

AMS Polymers (BOM:540066) 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.

AMS Polymers ROCE % Related Terms

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AMS Polymers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AMS Polymers Ltd (BOM:540066) » Definitions » ROCE %

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Address

C-582, Saraswati Vihar, Pitampura, Delhi, IND, 110034

Website

https://www.amspolymers.com

AMS Polymers Ltd is an India-based company. It manufactures and trades in all types of organic and inorganic chemicals. Organic chemicals cover over half of all known chemical compounds and include petrochemicals, drugs, cosmetics, agrochemicals, etc. and Inorganic chemicals comprise alkalis, dyes, and dyestuffs. It gets its revenue from India.

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