Cosmic CRF (BOM:543928) ROCE % : 21.57% (As of Sep. 2024)

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What is Cosmic CRF 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. Cosmic CRF's annualized ROCE % for the quarter that ended in Sep. 2024 was 21.57%.

Cosmic CRF ROCE % Historical Data

The historical data trend for Cosmic CRF'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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Cosmic CRF ROCE % Chart

Cosmic CRF Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

-1.02

38.40

13.81

Cosmic CRF Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			15.61	46.55	22.51	9.48	21.57

Cosmic CRF ROCE % Calculation

Cosmic CRF'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 )
	=	181.983	/	( ( (687.524 - 255.236)	+	(2540.349 - 337.684) )	/ 2 )
	=	181.983	/	( (432.288	+	2202.665)	/ 2 )
	=	181.983	/	1317.4765
	=	13.81 %

Cosmic CRF'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 )
	=	495.284	/	( ( (2540.349 - 337.684)	+	(3374.108 - 985.385) )	/ 2 )
	=	495.284	/	( ( 2202.665	+	2388.723 )	/ 2 )
	=	495.284	/	2295.694
	=	21.57 %

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

Cosmic CRF (BOM:543928) 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.

Cosmic CRF ROCE % Related Terms

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Cosmic CRF Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cosmic CRF Ltd (BOM:543928) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19, Monohar Pukur Road, Cosmic Tower, 2nd Floor, Kolkata, WB, IND, 700029

Website

https://www.cosmiccrf.com

Cosmic CRF Ltd engages in the manufacture and trade of railway components, cold rolled formed sections, forged items, non-forged items, steel plates and coils, tubes, and any other allied components and products for the railways, wagons locomotives, bogies, automobiles, passenger coaches, metro rail, and defense equipment.

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