Kavveri Defence & Wireless Technologies (BOM:590041) ROCE % : 2.98% (As of Sep. 2024)

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What is Kavveri Defence & Wireless 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. Kavveri Defence & Wireless Technologies's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.98%.

Kavveri Defence & Wireless Technologies ROCE % Historical Data

The historical data trend for Kavveri Defence & Wireless 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.

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Kavveri Defence & Wireless Technologies ROCE % Chart

Kavveri Defence & Wireless Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-5.47

-6.70

-4.20

71.07

-2.63

Kavveri Defence & Wireless Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-2.61	-2.10	-3.60	0.25	2.98

Kavveri Defence & Wireless Technologies ROCE % Calculation

Kavveri Defence & Wireless 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 )
	=	-13.073	/	( ( (790.222 - 267.705)	+	(854.028 - 383.684) )	/ 2 )
	=	-13.073	/	( (522.517	+	470.344)	/ 2 )
	=	-13.073	/	496.4305
	=	-2.63 %

Kavveri Defence & Wireless Technologies'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	19.28	/	( ( (0 - 0)	+	(804.245 - 156.972) )	/ 1 )
	=	19.28	/	( ( 0	+	647.273 )	/ 1 )
	=	19.28	/	647.273
	=	2.98 %

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

Kavveri Defence & Wireless Technologies (BOM:590041) 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.

Kavveri Defence & Wireless Technologies ROCE % Related Terms

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Kavveri Defence & Wireless Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kavveri Defence & Wireless Technologies Ltd (BOM:590041) » Definitions » ROCE %

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KAVVERITEL:India

Address

Bannerghatta Road, Kavveri Industrial Complex, Plot No. 31-36, 1st Floor, 1st Main, 2nd Stage, Arakere Mico Layout, Bangalore, KA, IND, 560076

Website

http://www.kavveritelecoms.com

Kavveri Defence & Wireless Technologies Ltd formerly Kavveri Telecom Products Ltd is engaged in the manufacture of telecom subsystems hardware equipment and solutions for the Telecom, Defence, and Space segments. It designs, develops, tests, and manufactures a range of wireless telecom products, from concept to deployment. also provides total turnkey solutions for coverage and capacity enhancement requirements for GSM 3G and CDMA carriers in India. The product portfolio includes Antennas, RF Components, Cables and Connectors, Repeaters, TMA/TMB and energy-conserving solar products.

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