GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Asian Warehousing Ltd (BOM:543927) » Definitions » ROCE %

Asian Warehousing (BOM:543927) ROCE % : 0.33% (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Asian Warehousing 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. Asian Warehousing's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.33%.


Asian Warehousing ROCE % Historical Data

The historical data trend for Asian Warehousing'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.

Asian Warehousing ROCE % Chart

Asian Warehousing Annual Data
Trend Mar23 Mar24
ROCE %
3.45 3.13

Asian Warehousing Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.43 2.54 3.21 1.57 0.33

Asian Warehousing ROCE % Calculation

Asian Warehousing'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 )
=9.865/( ( (354.652 - 35.696) + (352.567 - 42.063) )/ 2 )
=9.865/( (318.956+310.504)/ 2 )
=9.865/314.73
=3.13 %

Asian Warehousing'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 )
=0.992/( ( (347.49 - 45.249) + (0 - 0) )/ 1 )
=0.992/( ( 302.241 + 0 )/ 1 )
=0.992/302.241
=0.33 %

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

* 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.


Asian Warehousing  (BOM:543927) 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.


Asian Warehousing ROCE % Related Terms

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


Asian Warehousing Business Description

Traded in Other Exchanges
N/A
Address
Jamnalal Bajaj Road, 508, Dalamal House, Nariman Point, Mumbai, MH, IND, 400021
Asian Warehousing Ltd is engaged in the business of warehousing facilities including storing Agri commodities, mainly rice and also provides weighbridge services for weighing agricultural products.

Asian Warehousing Headlines

No Headlines