Royal Ceramics Lanka (COL:RCL.N0000) ROCE % : 15.08% (As of Mar. 2024)

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What is Royal Ceramics Lanka 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. Royal Ceramics Lanka's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.08%.

Royal Ceramics Lanka ROCE % Historical Data

The historical data trend for Royal Ceramics Lanka'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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Royal Ceramics Lanka ROCE % Chart

Royal Ceramics Lanka Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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13.37

23.19

31.16

29.30

20.89

Royal Ceramics Lanka 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															24.50	14.28	23.79	30.81	15.08

Royal Ceramics Lanka ROCE % Calculation

Royal Ceramics Lanka'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 )
	=	14603.764	/	( ( (90565.145 - 28201.192)	+	(101619.088 - 24140.005) )	/ 2 )
	=	14603.764	/	( (62363.953	+	77479.083)	/ 2 )
	=	14603.764	/	69921.518
	=	20.89 %

Royal Ceramics Lanka'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 )
	=	11484.92	/	( ( (97199.594 - 22347.862)	+	(101619.088 - 24140.005) )	/ 2 )
	=	11484.92	/	( ( 74851.732	+	77479.083 )	/ 2 )
	=	11484.92	/	76165.4075
	=	15.08 %

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

Royal Ceramics Lanka (COL:RCL.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.

Royal Ceramics Lanka ROCE % Related Terms

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Royal Ceramics Lanka (COL:RCL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Royal Ceramics Lanka PLC (COL:RCL.N0000) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 20, R.A. De Mel Mawatha, Colombo, LKA, 03

Website

https://www.rocell.com

Royal Ceramics Lanka PLC is engaged in the manufacture and marketing of porcelain and ceramic tiles, wall tiles, floor tiles along with sanitary ware and the holding of investments. The group is organized into business units based on its products and services and has seven reportable segments, as follows: Tiles and Associated Items, Packaging, Sanitary Ware, Plantation, Finance, Aluminum Products, and Other. It generates maximum revenue from the Tiles and Associated Items segment. Geographically, it derives a majority of revenue from Sri Lanka.

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