Anmol India (BOM:542437) ROCE % : 26.07% (As of Dec. 2023)

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What is Anmol India 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. Anmol India's annualized ROCE % for the quarter that ended in Dec. 2023 was 26.07%.

Anmol India ROCE % Historical Data

The historical data trend for Anmol India'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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Anmol India ROCE % Chart

Anmol India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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24.59

22.38

31.49

32.86

28.79

Anmol India Quarterly Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															17.27	32.98	17.07	31.19	26.07

Anmol India ROCE % Calculation

Anmol India's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	315.911	/	( ( (2966.31 - 1964.519)	+	(4652.941 - 3459.984) )	/ 2 )
	=	315.911	/	( (1001.791	+	1192.957)	/ 2 )
	=	315.911	/	1097.374
	=	28.79 %

Anmol India's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	343.6	/	( ( (3286.2 - 1968.2)	+	(0 - 0) )	/ 1 )
	=	343.6	/	( ( 1318	+	0 )	/ 1 )
	=	343.6	/	1318
	=	26.07 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Anmol India (BOM:542437) 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.

Anmol India ROCE % Related Terms

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Anmol India (BOM:542437) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Anmol India Ltd (BOM:542437) » Definitions » ROCE %

Traded in Other Exchanges

ANMOL:India

Address

Block B, Aggar Nagar, 2nd Floor, 2/43, Ludhiana, PB, IND, 141001

Website

https://www.anmolindialtd.com

Anmol India Ltd is engaged in the trading of imported coal in the domestic market. The company trades both in Coal and Met Coke. The products of the company include USA HGCV Coal, USA LCGV Coal, Indonesian Coal, and others. The company earns maximum revenue from non-coking coal.

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