Clean Science and Technology (BOM:543318) ROCE % : 25.54% (As of Dec. 2024)

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What is Clean Science and Technology 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. Clean Science and Technology's annualized ROCE % for the quarter that ended in Dec. 2024 was 25.54%.

Clean Science and Technology ROCE % Historical Data

The historical data trend for Clean Science and Technology'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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Clean Science and Technology ROCE % Chart

Clean Science and Technology Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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57.08

58.71

45.25

43.35

28.82

Clean Science and Technology Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															29.68	31.02	28.73	24.90	25.54

Clean Science and Technology ROCE % Calculation

Clean Science and Technology'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 )
	=	3274.26	/	( ( (11518.31 - 1155.14)	+	(13962.83 - 1600.11) )	/ 2 )
	=	3274.26	/	( (10363.17	+	12362.72)	/ 2 )
	=	3274.26	/	11362.945
	=	28.82 %

Clean Science and Technology's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	3415.32	/	( ( (15008.26 - 1634.49)	+	(0 - 0) )	/ 1 )
	=	3415.32	/	( ( 13373.77	+	0 )	/ 1 )
	=	3415.32	/	13373.77
	=	25.54 %

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

Clean Science and Technology (BOM:543318) 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.

Clean Science and Technology ROCE % Related Terms

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Clean Science and Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Clean Science and Technology Ltd (BOM:543318) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CLEAN:India

Address

Office No. 503, Pentagon Tower P-4, Magarpatta City, Hadapsar, Pune, MH, IND, 411 013

Website

https://www.cleanscience.co.in

Clean Science and Technology Ltd is a chemical manufacturing company. It manufactures functionally critical specialty chemicals such as Performance Chemicals which are MEHQ, BHA, and AP, Pharmaceutical Intermediates such as Guaiacol and DCC, and FMCG Chemicals which include 4-MAP and Anisole. The products are used as polymerization inhibitors, intermediates for agrochemicals and pharmaceuticals, anti-oxidants, UV blockers, and antiretroviral reagents, which are functionally critical in a wide range of industries, including in the manufacture of paints and inks, agrochemicals, pharmaceuticals, flavours and fragrance, and cosmetics products.

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