Healthy Life Agritec (BOM:543546) ROCE % : 10.42% (As of Sep. 2024)

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What is Healthy Life Agritec 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. Healthy Life Agritec's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.42%.

Healthy Life Agritec ROCE % Historical Data

The historical data trend for Healthy Life Agritec'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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Healthy Life Agritec ROCE % Chart

Healthy Life Agritec Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

-11.11

189.60

20.34

12.23

12.99

Healthy Life Agritec Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial				10.96	10.05	5.03	20.33	10.42

Healthy Life Agritec ROCE % Calculation

Healthy Life Agritec'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 )
	=	34.661	/	( ( (272.833 - 24.826)	+	(336.435 - 50.772) )	/ 2 )
	=	34.661	/	( (248.007	+	285.663)	/ 2 )
	=	34.661	/	266.835
	=	12.99 %

Healthy Life Agritec's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	32.566	/	( ( (336.435 - 50.772)	+	(707.902 - 368.216) )	/ 2 )
	=	32.566	/	( ( 285.663	+	339.686 )	/ 2 )
	=	32.566	/	312.6745
	=	10.42 %

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

Healthy Life Agritec (BOM:543546) 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.

Healthy Life Agritec ROCE % Related Terms

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Healthy Life Agritec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Healthy Life Agritec Ltd (BOM:543546) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

SH-B/09, New Heera Panna CHS LTD, Gokul Village Shanti Park, Mira Road East, Thane, MH, IND, 401107

Website

https://www.healthylifeagritec.com

Healthy Life Agritec Ltd is engaged in the business of trading Raw Milk, Chicken, and Agro Products. It sells milk powder, bakery goods, buttermilk, yogurt, butter, cheese, paneer, milk cream, dips, custard, ghee, and juices under the brand name Healthy Life.

Healthy Life Agritec Headlines

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