J G Chemicals (BOM:544138) ROCE % : 21.72% (As of Dec. 2024)

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What is J G Chemicals 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. J G Chemicals's annualized ROCE % for the quarter that ended in Dec. 2024 was 21.72%.

J G Chemicals ROCE % Historical Data

The historical data trend for J G Chemicals'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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J G Chemicals ROCE % Chart

J G Chemicals Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

36.79

44.09

42.36

14.72

J G Chemicals Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					25.69	22.80	21.09	20.90	21.72

J G Chemicals ROCE % Calculation

J G Chemicals'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 )
	=	464.18	/	( ( (2977.9 - 766.73)	+	(4489.82 - 394.52) )	/ 2 )
	=	464.18	/	( (2211.17	+	4095.3)	/ 2 )
	=	464.18	/	3153.235
	=	14.72 %

J G Chemicals'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 )
	=	968.56	/	( ( (4765.62 - 307.06)	+	(0 - 0) )	/ 1 )
	=	968.56	/	( ( 4458.56	+	0 )	/ 1 )
	=	968.56	/	4458.56
	=	21.72 %

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

J G Chemicals (BOM:544138) 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.

J G Chemicals ROCE % Related Terms

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J G Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » J G Chemicals Ltd (BOM:544138) » Definitions » ROCE %

Traded in Other Exchanges

JGCHEM:India

Address

Street No. 18, Adventz Infinity 5, Unit 1510 & 1511, 15th Floor, Plot 5 Block - BN, Salt Lake Electronics Complex, Sector - V, CK Market, North 24 Parganas, Saltlake, Bidhan Nagar, WB, IND, 700091

Website

https://www.jgchem.com

J G Chemicals Ltd is a zinc oxide manufacturer company. It sells over 80 grades of zinc oxide and has products that cater to industrial applications, including rubber (tyre & other rubber products), ceramics, paints & coatings, pharmaceuticals & cosmetics, electronics & batteries, agro-chemicals & fertilizers, speciality chemicals, lubricants, oil & gas, and animal feed. Geographically the company generates revenue from India and foreign countries, with India being the dominant source of revenue.

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