Avadh Sugar & Energy (BOM:540649) ROCE % : 6.35% (As of Sep. 2024)

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What is Avadh Sugar & Energy 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. Avadh Sugar & Energy's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.35%.

Avadh Sugar & Energy ROCE % Historical Data

The historical data trend for Avadh Sugar & Energy'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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Avadh Sugar & Energy ROCE % Chart

Avadh Sugar & Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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19.95

18.33

21.14

17.16

21.33

Avadh Sugar & Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															19.24	13.59	31.40	12.62	6.35

Avadh Sugar & Energy ROCE % Calculation

Avadh Sugar & Energy'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 )
	=	2782.31	/	( ( (24182.915 - 11783.586)	+	(28539.524 - 14846.4) )	/ 2 )
	=	2782.31	/	( (12399.329	+	13693.124)	/ 2 )
	=	2782.31	/	13046.2265
	=	21.33 %

Avadh Sugar & Energy's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	865.6	/	( ( (0 - 0)	+	(19477.229 - 5835.291) )	/ 1 )
	=	865.6	/	( ( 0	+	13641.938 )	/ 1 )
	=	865.6	/	13641.938
	=	6.35 %

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

Avadh Sugar & Energy (BOM:540649) 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.

Avadh Sugar & Energy ROCE % Related Terms

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Avadh Sugar & Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Avadh Sugar & Energy Ltd (BOM:540649) » Definitions » ROCE %

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AVADHSUGAR:India

Address

9/1, R.N. Mukherjee Road, Birla Building, 5th Floor, Kolkata, WB, IND, 700 001

Website

https://www.birla-sugar.com

Avadh Sugar & Energy Ltd is engaged in producing sugar and sugar by-products. It has three reportable segments: Sugar, Distillery, and Co-generation. The firm generates the majority of its revenue from the Sugar segment. The product portfolio includes sugar, molasses, industrial alcohol and ethanol, canned food, and fruit products. The company also manufactures and sells tea.

Avadh Sugar & Energy Headlines

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