Diksha Greens (BOM:542155) ROCE % : 0.00% (As of Sep. 2024)

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What is Diksha Greens 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. Diksha Greens's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Diksha Greens ROCE % Historical Data

The historical data trend for Diksha Greens'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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Diksha Greens ROCE % Chart

Diksha Greens Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-9.52

-253.31

Diksha Greens Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial													-	-	-	-	-

Diksha Greens ROCE % Calculation

Diksha Greens'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 )
	=	-1.743	/	( ( (113.889 - 370.94)	+	(112.314 - 399.032) )	/ 2 )
	=	-1.743	/	( (-257.051	+	-286.718)	/ 2 )
	=	-1.743	/	-271.8845
	=	0.64 %

Diksha Greens'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-1.684	/	( ( (112.314 - 399.032)	+	(111.509 - 413.029) )	/ 2 )
	=	-1.684	/	( ( -286.718	+	-301.52 )	/ 2 )
	=	-1.684	/	-294.119
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Diksha Greens (BOM:542155) 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.

Diksha Greens ROCE % Related Terms

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Diksha Greens Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Diksha Greens Ltd (BOM:542155) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

11, Sambhu Chaterjee Street, 2nd Floor, Suit No. 07, Jorasanko, Kolkata, WB, IND, 700007

Website

https://www.dikshagreens.co.in

Diksha Greens Ltd is an Indian company engaged in trading of timber, wooden logs, sawn timber as well as the manufacturing of veneer sheets. The company imports wooden logs and timber from countries such as Malaysia, Vietnam, and Burma in Asia, Nigeria, Ghana and Ivory Coast in Africa, Ecuador, Salvador, and Costa Rica in America, Solomon Island, and Papua and Guinea. Its business divisions are Trading in wooden logs and timber; Operation of saw mill; Multi-commodity cold storage; and Manufacturing of veneer sheets.

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