Cargotrans Maritime (BOM:543618) ROCE % : 24.07% (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Cargotrans Maritime 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. Cargotrans Maritime's annualized ROCE % for the quarter that ended in Sep. 2024 was 24.07%.

Cargotrans Maritime ROCE % Historical Data

The historical data trend for Cargotrans Maritime'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.

Cargotrans Maritime ROCE % Chart

Cargotrans Maritime Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

17.29

41.03

48.96

30.39

19.24

Cargotrans Maritime Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	25.96	12.86	24.07

Cargotrans Maritime ROCE % Calculation

Cargotrans Maritime'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 )
	=	28.944	/	( ( (191.557 - 62.545)	+	(243.691 - 71.894) )	/ 2 )
	=	28.944	/	( (129.012	+	171.797)	/ 2 )
	=	28.944	/	150.4045
	=	19.24 %

Cargotrans Maritime'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 )
	=	43.02	/	( ( (243.691 - 71.894)	+	(260.529 - 74.942) )	/ 2 )
	=	43.02	/	( ( 171.797	+	185.587 )	/ 2 )
	=	43.02	/	178.692
	=	24.07 %

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

Cargotrans Maritime (BOM:543618) 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.

Cargotrans Maritime ROCE % Related Terms

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

Cargotrans Maritime Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cargotrans Maritime Ltd (BOM:543618) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shyam Paragon, DBZ-S-61A, 2nd Floor, Gandhidham, Kachchh, GJ, IND, 370 201

Website

https://www.cargotrans.in

Cargotrans Maritime Ltd is an international logistics solution provider. The company's core business is providing sea logistics services including ocean freight forwarding, transportation, customs clearance, warehousing and other value-added services to clients.

Cargotrans Maritime Headlines

No Headlines