Vinny Overseas (BOM:543670) ROCE % : 26.07% (As of Dec. 2024)

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What is Vinny Overseas 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. Vinny Overseas's annualized ROCE % for the quarter that ended in Dec. 2024 was 26.07%.

Vinny Overseas ROCE % Historical Data

The historical data trend for Vinny Overseas'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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Vinny Overseas ROCE % Chart

Vinny Overseas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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5.95

4.66

-11.57

12.99

17.09

Vinny Overseas Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															12.85	18.50	10.07	4.96	26.07

Vinny Overseas ROCE % Calculation

Vinny Overseas'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 )
	=	60.087	/	( ( (628.989 - 276.522)	+	(660.631 - 309.865) )	/ 2 )
	=	60.087	/	( (352.467	+	350.766)	/ 2 )
	=	60.087	/	351.6165
	=	17.09 %

Vinny Overseas'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 )
	=	207.412	/	( ( (1088.849 - 293.136)	+	(0 - 0) )	/ 1 )
	=	207.412	/	( ( 795.713	+	0 )	/ 1 )
	=	207.412	/	795.713
	=	26.07 %

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

Vinny Overseas (BOM:543670) 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.

Vinny Overseas ROCE % Related Terms

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Vinny Overseas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vinny Overseas Ltd (BOM:543670) » Definitions » ROCE %

Traded in Other Exchanges

VINNY:India

Address

C/O. Vinny Overseas Limited, Narol-Isanpur Road, Behind International Hotel, Narol, Ahmedabad, GJ, IND, 382405

Website

https://www.vinnyoverseas.in

Vinny Overseas Ltd is an Indian firm carrying on the business of Textile products. The products of the company include cotton fabrics, PV blended, PC blended Rayon, Denims, and polyester. Substantial revenue is generated from the manufactured cloth sales.

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