Ceylon Cold Stores (COL:CCS.N0000) ROCE % : 32.96% (As of Mar. 2024)

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What is Ceylon Cold Stores 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. Ceylon Cold Stores's annualized ROCE % for the quarter that ended in Mar. 2024 was 32.96%.

Ceylon Cold Stores ROCE % Historical Data

The historical data trend for Ceylon Cold Stores'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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Ceylon Cold Stores ROCE % Chart

Ceylon Cold Stores Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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21.27

13.91

13.36

16.30

21.52

Ceylon Cold Stores Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															15.85	14.81	20.86	18.76	32.96

Ceylon Cold Stores ROCE % Calculation

Ceylon Cold Stores'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 )
	=	8285.275	/	( ( (71730.04 - 33051.689)	+	(73743.741 - 35413.785) )	/ 2 )
	=	8285.275	/	( (38678.351	+	38329.956)	/ 2 )
	=	8285.275	/	38504.1535
	=	21.52 %

Ceylon Cold Stores'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	12566.408	/	( ( (71925.097 - 33999.725)	+	(73743.741 - 35413.785) )	/ 2 )
	=	12566.408	/	( ( 37925.372	+	38329.956 )	/ 2 )
	=	12566.408	/	38127.664
	=	32.96 %

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

Ceylon Cold Stores (COL:CCS.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.

Ceylon Cold Stores ROCE % Related Terms

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Ceylon Cold Stores (COL:CCS.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Ceylon Cold Stores PLC (COL:CCS.N0000) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 148, Vauxhall Street, Colombo, LKA, 02

Website

https://www.elephanthouse.lk

Ceylon Cold Stores PLC is a Sri Lankan company that is engaged in the manufacturing and marketing of beverages and frozen confectionery. The company operates through two business segments namely Manufacturing and Supermarkets. It generates maximum revenue from the Supermarkets segment. The company offers carbonated soft drinks, including ginger beer, cream, and apple soda, raspberry flavored Necto, orange-flavored orange crush and orange barley, lemonade, dry ginger ale, and toni, bottled drinking water, energy drinks, and ice creams. Geographically, it derives a majority of its revenue from Sri Lanka.

Ceylon Cold Stores (COL:CCS.N0000) Headlines

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