Carson Cumberbatch (COL:CARS.N0000) ROCE % : 18.94% (As of Dec. 2023)

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What is Carson Cumberbatch 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. Carson Cumberbatch's annualized ROCE % for the quarter that ended in Dec. 2023 was 18.94%.

Carson Cumberbatch ROCE % Historical Data

The historical data trend for Carson Cumberbatch'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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Carson Cumberbatch ROCE % Chart

Carson Cumberbatch Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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9.54

6.03

15.77

16.69

27.24

Carson Cumberbatch Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															22.05	14.30	16.89	21.74	18.94

Carson Cumberbatch ROCE % Calculation

Carson Cumberbatch's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	59103.919	/	( ( (281185.406 - 73953.87)	+	(299518.03 - 72723.408) )	/ 2 )
	=	59103.919	/	( (207231.536	+	226794.622)	/ 2 )
	=	59103.919	/	217013.079
	=	27.24 %

Carson Cumberbatch's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	43830.068	/	( ( (295240.936 - 65217.198)	+	(301514.599 - 68806.793) )	/ 2 )
	=	43830.068	/	( ( 230023.738	+	232707.806 )	/ 2 )
	=	43830.068	/	231365.772
	=	18.94 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Carson Cumberbatch (COL:CARS.N0000) 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.

Carson Cumberbatch ROCE % Related Terms

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Carson Cumberbatch (COL:CARS.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Carson Cumberbatch PLC (COL:CARS.N0000) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 61, Janadhipathi Mawatha, Colombo, LKA, 01

Website

https://www.carsoncumberbatch.com

Carson Cumberbatch PLC is a Sri Lanka-based company. The company's industry segment activities have been broadly classified into eight segments: Investment Holdings, Portfolio and Asset Management, Oil Palm Plantations, Beverage, Real-Estate, Leisure, Oils & Fats, and Management Services based on the nature of the product or service rendered. Geographically, the company derives revenues from Sri Lanka, Malaysia, Indonesia, Singapore, India, and Mauritius.

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