ResGen (BOM:543805) ROCE % : 19.95% (As of Sep. 2024)

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What is ResGen 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. ResGen's annualized ROCE % for the quarter that ended in Sep. 2024 was 19.95%.

ResGen ROCE % Historical Data

The historical data trend for ResGen'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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ResGen ROCE % Chart

ResGen Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

-11.13

0.13

15.37

23.87

19.48

ResGen Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	17.68	20.54	19.95

ResGen ROCE % Calculation

ResGen'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 )
	=	102.788	/	( ( (674.138 - 157.969)	+	(655.329 - 116.413) )	/ 2 )
	=	102.788	/	( (516.169	+	538.916)	/ 2 )
	=	102.788	/	527.5425
	=	19.48 %

ResGen'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 )
	=	110.796	/	( ( (655.329 - 116.413)	+	(678.402 - 106.41) )	/ 2 )
	=	110.796	/	( ( 538.916	+	571.992 )	/ 2 )
	=	110.796	/	555.454
	=	19.95 %

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

ResGen (BOM:543805) 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.

ResGen ROCE % Related Terms

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ResGen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » ResGen Ltd (BOM:543805) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maker Chamber V, Jamnalal Bajaj Marg, 919, Floor 9th, Plot-221, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.resgen.in

ResGen Ltd is engaged in the process of manufacturing pyrolysis oil from all kinds of plastic waste. During the manufacturing of the pyrolysis oil, some of its by products are generated such as Carbon, which substitutes for coal; and Gas, which substitutes for LPG.

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