Elin Electronics (BOM:543725) ROCE % : 2.75% (As of Dec. 2024)

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

What is Elin Electronics 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. Elin Electronics's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.75%.

Elin Electronics ROCE % Historical Data

The historical data trend for Elin Electronics'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.

Elin Electronics ROCE % Chart

Elin Electronics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

16.96

19.52

19.85

10.85

5.18

Elin Electronics Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial										-	5.35	7.69	6.41	2.75

Elin Electronics ROCE % Calculation

Elin Electronics'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 )
	=	274.27	/	( ( (7341.73 - 1896.42)	+	(6692.21 - 1544.2) )	/ 2 )
	=	274.27	/	( (5445.31	+	5148.01)	/ 2 )
	=	274.27	/	5296.66
	=	5.18 %

Elin Electronics'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 )
	=	145	/	( ( (7015.75 - 1752.11)	+	(0 - 0) )	/ 1 )
	=	145	/	( ( 5263.64	+	0 )	/ 1 )
	=	145	/	5263.64
	=	2.75 %

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

Elin Electronics (BOM:543725) 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.

Elin Electronics ROCE % Related Terms

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

Elin Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elin Electronics Ltd (BOM:543725) » Definitions » ROCE %

Traded in Other Exchanges

ELIN:India

Address

4771, Bharat Ram Road, 23, Daryaganj, New Delhi, IND, 110002

Website

https://www.elinindia.com

Elin Electronics Ltd is an electronics manufacturing services provider. It is a manufacturer of end-to-end product solutions for brands of lighting, fans, and small/ kitchen appliances in India. The company's diversified product portfolio includes (i) LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets; small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener; fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc.; and other miscellaneous products.

Elin Electronics Headlines

No Headlines