Knowledge Marine & Engineering Works (BOM:543273) ROCE % : 12.98% (As of Mar. 2024)

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

What is Knowledge Marine & Engineering Works 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. Knowledge Marine & Engineering Works's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.98%.

Knowledge Marine & Engineering Works ROCE % Historical Data

The historical data trend for Knowledge Marine & Engineering Works'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.

Knowledge Marine & Engineering Works ROCE % Chart

Knowledge Marine & Engineering Works Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

36.07

35.26

52.66

60.99

25.89

Knowledge Marine & Engineering Works Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial						78.84	84.17	56.05	43.39	12.98

Knowledge Marine & Engineering Works ROCE % Calculation

Knowledge Marine & Engineering Works'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 )
	=	469.258	/	( ( (2088.837 - 635.344)	+	(2585.061 - 413.562) )	/ 2 )
	=	469.258	/	( (1453.493	+	2171.499)	/ 2 )
	=	469.258	/	1812.496
	=	25.89 %

Knowledge Marine & Engineering Works's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	251.996	/	( ( (2960.154 - 1249.541)	+	(2585.061 - 413.562) )	/ 2 )
	=	251.996	/	( ( 1710.613	+	2171.499 )	/ 2 )
	=	251.996	/	1941.056
	=	12.98 %

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

Knowledge Marine & Engineering Works (BOM:543273) 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.

Knowledge Marine & Engineering Works ROCE % Related Terms

Thank you for viewing the detailed overview of Knowledge Marine & Engineering Works's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Knowledge Marine & Engineering Works (BOM:543273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Knowledge Marine & Engineering Works Ltd (BOM:543273) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Deonar Village Road, Office No. 402, Sai Samarth Business Park, Govandi (East), Mumbai, MH, IND, 400088

Website

http://www.kmew.in

Knowledge Marine & Engineering Works Ltd is engaged in marine crafts, marine infrastructure engineering, and construction work. The business operates in three divisions Dredging, Owning, and Operating Marine ancillary Crafts and Repair and Maintenance of Marine crafts and Marine infrastructure.

Knowledge Marine & Engineering Works (BOM:543273) Headlines

No Headlines