Jasch Gauging Technologies (BOM:544112) ROCE % : 23.14% (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Jasch Gauging Technologies 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. Jasch Gauging Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was 23.14%.

Jasch Gauging Technologies ROCE % Historical Data

The historical data trend for Jasch Gauging Technologies'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.

Jasch Gauging Technologies ROCE % Chart

Jasch Gauging Technologies Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

-112.40

72.49

30.37

Jasch Gauging Technologies Quarterly Data
	Mar22	Mar23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial			29.34	33.92	22.82	23.11	23.14

Jasch Gauging Technologies ROCE % Calculation

Jasch Gauging Technologies'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 )
	=	215.34	/	( ( (761.014 - 125.735)	+	(903.869 - 120.822) )	/ 2 )
	=	215.34	/	( (635.279	+	783.047)	/ 2 )
	=	215.34	/	709.163
	=	30.37 %

Jasch Gauging Technologies'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 )
	=	197.4	/	( ( (945.089 - 92.016)	+	(0 - 0) )	/ 1 )
	=	197.4	/	( ( 853.073	+	0 )	/ 1 )
	=	197.4	/	853.073
	=	23.14 %

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

Jasch Gauging Technologies (BOM:544112) 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.

Jasch Gauging Technologies ROCE % Related Terms

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

Jasch Gauging Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jasch Gauging Technologies Ltd (BOM:544112) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

502, BLOCK-C, NDM-2, N S P, PITAMPURA, Delhi, New Delhi, IND, 110034

Website

https://www.jasch.net.in

Jasch Gauging Technologies Ltd is a company engaged in manufacturing Coated Textile, Synthetic Leather, and Electronic Thickness Gauge. It has a wide network of operations in local as well as foreign markets. The company's product portfolio includes Plastic Thickness Gauge BTG 3000, Paper Thickness Gauge BTG 3000PP, Online paint coating measurement system, and many others.

Jasch Gauging Technologies Headlines

No Headlines