Arvind Port & Infra (NSE:ARVINDPORT) ROCE % : 28.85% (As of Mar. 2024)

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What is Arvind Port & Infra 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. Arvind Port & Infra's annualized ROCE % for the quarter that ended in Mar. 2024 was 28.85%.

Arvind Port & Infra ROCE % Historical Data

The historical data trend for Arvind Port & Infra'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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Arvind Port & Infra ROCE % Chart

Arvind Port & Infra Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

2.92

19.07

38.55

28.85

Arvind Port & Infra Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	2.92	19.07	38.55	28.85

Arvind Port & Infra ROCE % Calculation

Arvind Port & Infra'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 )
	=	83.249	/	( ( (338.71 - 132.474)	+	(447.88 - 77.06) )	/ 2 )
	=	83.249	/	( (206.236	+	370.82)	/ 2 )
	=	83.249	/	288.528
	=	28.85 %

Arvind Port & Infra'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: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	83.249	/	( ( (338.71 - 132.474)	+	(447.88 - 77.06) )	/ 2 )
	=	83.249	/	( ( 206.236	+	370.82 )	/ 2 )
	=	83.249	/	288.528
	=	28.85 %

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

Arvind Port & Infra (NSE:ARVINDPORT) 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.

Arvind Port & Infra ROCE % Related Terms

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Arvind Port & Infra Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Arvind Port & Infra Ltd (NSE:ARVINDPORT) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

City point 701 to 702, Fifth Floor, Near Town Hall, Jamnagar, GJ, IND, 361001

Website

https://www.arvindshipping.com

Arvind Port & Infra Ltd Formerly Arvind and Co Shipping Agencies Ltd provides various shipping-related services. It is mainly engaged in the hiring of ships, barges, launches, boats, docks, propelled vehicles, water- vessels, and transport machines. It also provides hotel services and services of renting immovable properties. The company operates in two segments, Hiring of Barges which generates a majority of its revenue, and Hotel Operation and Renting of Immovable Properties.

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