Sahara Maritime (BOM:544056) ROCE % : 14.41% (As of Mar. 2024)

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What is Sahara Maritime 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. Sahara Maritime's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.41%.

Sahara Maritime ROCE % Historical Data

The historical data trend for Sahara Maritime'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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Sahara Maritime ROCE % Chart

Sahara Maritime Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

27.15

20.00

30.13

8.08

Sahara Maritime Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	2.56	14.41	-

Sahara Maritime ROCE % Calculation

Sahara Maritime'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 )
	=	7.998	/	( ( (96.452 - 30.436)	+	(143.959 - 11.885) )	/ 2 )
	=	7.998	/	( (66.016	+	132.074)	/ 2 )
	=	7.998	/	99.045
	=	8.08 %

Sahara Maritime's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	14.304	/	( ( (88.095 - 21.687)	+	(143.959 - 11.885) )	/ 2 )
	=	14.304	/	( ( 66.408	+	132.074 )	/ 2 )
	=	14.304	/	99.241
	=	14.41 %

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

Sahara Maritime (BOM:544056) 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.

Sahara Maritime ROCE % Related Terms

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Sahara Maritime Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sahara Maritime Ltd (BOM:544056) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Sheriff Devji Street, 105, 106, 108, Floor-1, Plot142, Plaza Shopping Centre, Chakala Market Mandvi, Mumbai, MH, IND, 400003

Website

https://saharamaritime.com

Sahara Maritime Ltd is a non-governmental organization providing Freight forwarding & Warehousing services. It offers a comprehensive range of freight-related services, along with ancillary transport management. Additionally, the company has established informal partnerships with various intermediaries to provide ancillary services such as Transportation, Multimodal Transportation, Project cargo handling, Third Party Logistics, Packaging, loading/unloading, and unpacking of items.

Sahara Maritime Headlines

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