Aelea Commodities (BOM:544213) ROCE % : 31.99% (As of Mar. 2024)

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What is Aelea Commodities 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. Aelea Commodities's annualized ROCE % for the quarter that ended in Mar. 2024 was 31.99%.

Aelea Commodities ROCE % Historical Data

The historical data trend for Aelea Commodities'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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Aelea Commodities ROCE % Chart

Aelea Commodities Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

101.48

37.64

12.30

31.99

Aelea Commodities Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	101.48	37.64	12.30	31.99

Aelea Commodities ROCE % Calculation

Aelea Commodities'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 )
	=	180.968	/	( ( (987.685 - 458.317)	+	(1065.347 - 463.431) )	/ 2 )
	=	180.968	/	( (529.368	+	601.916)	/ 2 )
	=	180.968	/	565.642
	=	31.99 %

Aelea Commodities'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: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	180.968	/	( ( (987.685 - 458.317)	+	(1065.347 - 463.431) )	/ 2 )
	=	180.968	/	( ( 529.368	+	601.916 )	/ 2 )
	=	180.968	/	565.642
	=	31.99 %

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

Aelea Commodities (BOM:544213) 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.

Aelea Commodities ROCE % Related Terms

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Aelea Commodities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Aelea Commodities Ltd (BOM:544213) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

225, Jolly Maker Chamber No. II, Office No. 21, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.aeleacommodities.com

Aelea Commodities Ltd Is engaged in the business of processing and trading agro commodities, processing of raw cashew nuts, and trading of sugar, rice, wheat flour, pulses, beans, vegetables, etc. The company is importing Raw Cashew Nuts (RCN) from diverse African nations, including Benin, Tanzania, Burkina Faso, Senegal, and Cote d'Ivoire. Its business segments are; Cashew Nuts Processing which generates maximum revenue, Agro Commodities, and Others. The company operates in only one geographic segment namely, India.

Aelea Commodities Headlines

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