City Crops Agro (BOM:544000) ROCE % : 8.67% (As of Sep. 2024)

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What is City Crops Agro 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. City Crops Agro's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.67%.

City Crops Agro ROCE % Historical Data

The historical data trend for City Crops Agro'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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City Crops Agro ROCE % Chart

City Crops Agro Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

-2.60

132.39

10.13

11.61

12.54

City Crops Agro Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			11.43	11.76	16.04	15.06	8.67

City Crops Agro ROCE % Calculation

City Crops Agro'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 )
	=	25.826	/	( ( (140.271 - 20.641)	+	(323.471 - 31.047) )	/ 2 )
	=	25.826	/	( (119.63	+	292.424)	/ 2 )
	=	25.826	/	206.027
	=	12.54 %

City Crops Agro'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 )
	=	25.9	/	( ( (323.471 - 31.047)	+	(335.905 - 30.772) )	/ 2 )
	=	25.9	/	( ( 292.424	+	305.133 )	/ 2 )
	=	25.9	/	298.7785
	=	8.67 %

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

City Crops Agro (BOM:544000) 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.

City Crops Agro ROCE % Related Terms

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City Crops Agro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » City Crops Agro Ltd (BOM:544000) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

513 - Spg Echelon, Nr. Indraprasth Flats, Makarba, Ahmedabad, GJ, IND, 380053

Website

https://www.citycropagro.in

City Crops Agro Ltd is engaged in the business of trading of products like seeds, and agricultural produces mainly Rice, Wheat, Onions, Potato, Tomato, Isabgol, and Pulses. It has an integrated online platform that includes products such as cereals, oil seeds, pulses, and vegetables. The company is also engaged in contract manufacturing for agricultural produce such as Cucumber, Onion and Castor.

City Crops Agro Headlines

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