Suraj Industries (BOM:890206) ROCE % : 11.10% (As of Sep. 2024)

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

What is Suraj Industries 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. Suraj Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.10%.

Suraj Industries ROCE % Historical Data

The historical data trend for Suraj Industries'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.

Suraj Industries ROCE % Chart

Suraj Industries Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

136.96

28.79

8.59

Suraj Industries Quarterly Data
	Mar19	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															9.20	4.97	2.42	5.08	11.10

Suraj Industries ROCE % Calculation

Suraj Industries'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 )
	=	61.137	/	( ( (1034.376 - 374.018)	+	(924.409 - 161.574) )	/ 2 )
	=	61.137	/	( (660.358	+	762.835)	/ 2 )
	=	61.137	/	711.5965
	=	8.59 %

Suraj Industries'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 )
	=	134.072	/	( ( (0 - 0)	+	(1303.884 - 95.534) )	/ 1 )
	=	134.072	/	( ( 0	+	1208.35 )	/ 1 )
	=	134.072	/	1208.35
	=	11.10 %

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

Suraj Industries (BOM:890206) 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.

Suraj Industries ROCE % Related Terms

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

Suraj Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Suraj Industries Ltd (BOM:890206) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

526211:India

Address

Okhla Industrial Area, Phase-II, F-32/3, Second Floor, New Delhi, IND, 110020

Website

https://www.surajindustries.org

Suraj Industries Ltd is involved in liquor bottling operations for Rajasthan Made Liquor and Country Liquor. The company also trades in edible oils such as palm oil and soybean oil. It has two business segments: Edible Oil Operations and Liquor Operations. The majority of the company's revenue comes from its trading operations. Geographically, all of the company's revenue is generated in India.

Suraj Industries Headlines

No Headlines