Insolation Energy (BOM:543620) ROCE % : 93.01% (As of Sep. 2024)

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What is Insolation Energy 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. Insolation Energy's annualized ROCE % for the quarter that ended in Sep. 2024 was 93.01%.

Insolation Energy ROCE % Historical Data

The historical data trend for Insolation Energy'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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Insolation Energy ROCE % Chart

Insolation Energy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

37.85

55.45

40.82

27.68

66.32

Insolation Energy Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			47.46	20.48	53.10	78.40	93.01

Insolation Energy ROCE % Calculation

Insolation Energy'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 )
	=	763.498	/	( ( (1592.947 - 704.887)	+	(2627.768 - 1213.228) )	/ 2 )
	=	763.498	/	( (888.06	+	1414.54)	/ 2 )
	=	763.498	/	1151.3
	=	66.32 %

Insolation Energy'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 )
	=	1530.64	/	( ( (2627.768 - 1213.228)	+	(3680.158 - 1803.345) )	/ 2 )
	=	1530.64	/	( ( 1414.54	+	1876.813 )	/ 2 )
	=	1530.64	/	1645.6765
	=	93.01 %

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

Insolation Energy (BOM:543620) 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.

Insolation Energy ROCE % Related Terms

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Insolation Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Insolation Energy Ltd (BOM:543620) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

New Aatish Market Extension, Gopalpura Bypass, C-02, Fluidcon House, Behind Inox Cinema Hall, Jaipur, RJ, IND, 302020

Website

https://www.insolationenergy.in

Insolation Energy Ltd is an India-based company engaged in manufacturing solar panels under the brand name INA. The products of the company include Solar Module, Solar PCU, Solar Battery, and Solar Charge Controller.

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