Tarsons Products (BOM:543399) ROCE % : 6.27% (As of Dec. 2024)

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What is Tarsons Products 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. Tarsons Products's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.27%.

Tarsons Products ROCE % Historical Data

The historical data trend for Tarsons Products'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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Tarsons Products ROCE % Chart

Tarsons Products Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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32.17

41.16

36.40

19.30

9.96

Tarsons Products Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															9.41	11.17	5.60	9.45	6.27

Tarsons Products ROCE % Calculation

Tarsons Products'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 )
	=	707.85	/	( ( (7256.83 - 629.15)	+	(9721.84 - 2131.55) )	/ 2 )
	=	707.85	/	( (6627.68	+	7590.29)	/ 2 )
	=	707.85	/	7108.985
	=	9.96 %

Tarsons Products'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 )
	=	523.08	/	( ( (10543.01 - 2199.68)	+	(0 - 0) )	/ 1 )
	=	523.08	/	( ( 8343.33	+	0 )	/ 1 )
	=	523.08	/	8343.33
	=	6.27 %

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

Tarsons Products (BOM:543399) 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.

Tarsons Products ROCE % Related Terms

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Tarsons Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tarsons Products Ltd (BOM:543399) » Definitions » ROCE %

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TARSONS:India

Address

Martin Burn Buisness Park, Room No. 902, BP- 3, Salt Lake, Sector-V, Kolkata, WB, IND, 700091

Website

https://www.tarsons.com

Tarsons Products Ltd is an Indian labware Company engaged in designing, developing, manufacturing, and marketing 'consumables', 'reusables' and 'others including benchtop equipment', used in various laboratories across research organizations, academia institutes, pharmaceutical companies, CROs, diagnostic companies and hospitals. The Company is also engaged in the manufacturing of a wide range of quality labware products that help scientific discovery and improve healthcare. The company generates the majority of its revenue from the sale of manufactured plastic products. Geographically the company generates the majority of its revenue from India.

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