Antony Waste Handling Cell (BOM:543254) ROCE % : 12.90% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Antony Waste Handling Cell 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. Antony Waste Handling Cell's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.90%.

Antony Waste Handling Cell ROCE % Historical Data

The historical data trend for Antony Waste Handling Cell'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.

* Premium members only.

Antony Waste Handling Cell ROCE % Chart

Antony Waste Handling Cell Annual Data

Trend

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

24.93

24.19

17.60

19.15

14.01

Antony Waste Handling Cell Quarterly Data
	Mar16	Mar17	Mar18	Jun18	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															11.00	7.07	16.95	16.89	12.90

Antony Waste Handling Cell ROCE % Calculation

Antony Waste Handling Cell'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 )
	=	1196.096	/	( ( (9647.625 - 2371.906)	+	(12584.082 - 2785.483) )	/ 2 )
	=	1196.096	/	( (7275.719	+	9798.599)	/ 2 )
	=	1196.096	/	8537.159
	=	14.01 %

Antony Waste Handling Cell'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 )
	=	1384.772	/	( ( (13727.038 - 2993.732)	+	(0 - 0) )	/ 1 )
	=	1384.772	/	( ( 10733.306	+	0 )	/ 1 )
	=	1384.772	/	10733.306
	=	12.90 %

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

Antony Waste Handling Cell (BOM:543254) 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.

Antony Waste Handling Cell ROCE % Related Terms

Thank you for viewing the detailed overview of Antony Waste Handling Cell's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Antony Waste Handling Cell (BOM:543254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Antony Waste Handling Cell Ltd (BOM:543254) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AWHCL:India

Address

Eastern Express Highway, 1402-1404, 14th Floor, Dev Corpora Building, Opposite Cadbury Company, Thane (West), Thane, MH, IND, 400 601

Website

https://www.antony-waste.com

Antony Waste Handling Cell Ltd is a provider of a full spectrum of municipal solid waste services which includes solid waste collection, transportation, processing, and disposal services across the country, catering to Indian municipalities. The company undertakes municipal solid waste collection and transportation projects, municipal solid waste processing projects, and mechanized sweeping projects. It undertakes projects for the Municipal Corporation of Greater Mumbai, the Navi Mumbai Municipal Corporation, the Thane Municipal Corporation, the North Delhi Municipal Corporation, the Ulhasnagar Municipal Corporation, the Mangalore Municipal Corporation, and the Greater Noida Industrial Development Authority.

Antony Waste Handling Cell (BOM:543254) Headlines

No Headlines