Arrowhead Seperation Engineering (BOM:544025) ROCE % : 11.49% (As of Sep. 2024)

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What is Arrowhead Seperation Engineering 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. Arrowhead Seperation Engineering's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.49%.

Arrowhead Seperation Engineering ROCE % Historical Data

The historical data trend for Arrowhead Seperation Engineering'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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Arrowhead Seperation Engineering ROCE % Chart

Arrowhead Seperation Engineering Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

-16.40

32.12

62.21

30.74

Arrowhead Seperation Engineering Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	80.59	17.89	11.49

Arrowhead Seperation Engineering ROCE % Calculation

Arrowhead Seperation Engineering'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 )
	=	35.714	/	( ( (207.053 - 159.426)	+	(247.78 - 63.073) )	/ 2 )
	=	35.714	/	( (47.627	+	184.707)	/ 2 )
	=	35.714	/	116.167
	=	30.74 %

Arrowhead Seperation Engineering'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 )
	=	21.65	/	( ( (247.78 - 63.073)	+	(304.854 - 112.841) )	/ 2 )
	=	21.65	/	( ( 184.707	+	192.013 )	/ 2 )
	=	21.65	/	188.36
	=	11.49 %

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

Arrowhead Seperation Engineering (BOM:544025) 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.

Arrowhead Seperation Engineering ROCE % Related Terms

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Arrowhead Seperation Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Arrowhead Seperation Engineering Ltd (BOM:544025) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Thane Belapur Road, W-164/E, T.T.C Industrial Area, Village Pawane, Navi Mumbai, MH, IND, 400710

Website

https://www.arrowhead-dryers.com

Arrowhead Seperation Engineering Ltd is engaged in the design and manufacture of various chemical process equipment with a specialization in continuous drying and cooling system equipment. The company's product list consists of Vacuum Double Drum Dryer, Rotary Dryers, Flaker Systems, Zero Liquid Discharge System, Double Drum Dryer, Paddle Dryer, and Belt Dryer. The company generates revenue from local sales as well as export sales.

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