Atlas Battery (KAR:ATBA) ROCE % : 10.41% (As of Dec. 2024)

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What is Atlas Battery 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. Atlas Battery's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.41%.

Atlas Battery ROCE % Historical Data

The historical data trend for Atlas Battery'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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Atlas Battery ROCE % Chart

Atlas Battery Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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3.39

20.94

22.29

53.09

39.83

Atlas Battery Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															20.98	50.06	55.26	28.06	10.41

Atlas Battery ROCE % Calculation

Atlas Battery's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	3773.454	/	( ( (19910.315 - 11023.945)	+	(23318.274 - 13255.941) )	/ 2 )
	=	3773.454	/	( (8886.37	+	10062.333)	/ 2 )
	=	3773.454	/	9474.3515
	=	39.83 %

Atlas Battery's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1033.788	/	( ( (20306.139 - 10810.187)	+	(21450.513 - 11076.129) )	/ 2 )
	=	1033.788	/	( ( 9495.952	+	10374.384 )	/ 2 )
	=	1033.788	/	9935.168
	=	10.41 %

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

Atlas Battery (KAR:ATBA) 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.

Atlas Battery ROCE % Related Terms

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Atlas Battery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Atlas Battery Ltd (KAR:ATBA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

D-181, Central Avenue, S.I.T.E., Karachi, SD, PAK, 75730

Website

https://www.abl.atlas.pk

Atlas Battery Ltd is engaged in the manufacturing and sale of automotive, motorcycle and energy storage batteries and their allied products. Its products are mainly categorized in light, medium and heavy batteries for automotive, motorcycle batteries, energy storage batteries and distilled water. The company serves various segments including Original Equipment Manufacturers (OEMs), domestic appliances, industrial equipment and replacement market through nationwide dealership network. The usage of batteries includes vehicles, motorcycles, heavy vehicles including tractors, buses and energy backup solution such as UPS (Uninterrupted Power Supply equipment), Solar Panels and Gensets.

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