Bayer CropScience (NSE:BAYERCROP) ROCE % : 24.13% (As of Sep. 2024)

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What is Bayer CropScience 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. Bayer CropScience's annualized ROCE % for the quarter that ended in Sep. 2024 was 24.13%.

Bayer CropScience ROCE % Historical Data

The historical data trend for Bayer CropScience'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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Bayer CropScience ROCE % Chart

Bayer CropScience Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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23.60

30.09

32.06

36.19

32.57

Bayer CropScience Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															37.85	15.57	14.71	42.67	24.13

Bayer CropScience ROCE % Calculation

Bayer CropScience'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 )
	=	9610	/	( ( (46786 - 17775)	+	(45971 - 15974) )	/ 2 )
	=	9610	/	( (29011	+	29997)	/ 2 )
	=	9610	/	29504
	=	32.57 %

Bayer CropScience's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	7740	/	( ( (0 - 0)	+	(52705 - 20634) )	/ 1 )
	=	7740	/	( ( 0	+	32071 )	/ 1 )
	=	7740	/	32071
	=	24.13 %

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

Bayer CropScience (NSE:BAYERCROP) 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.

Bayer CropScience ROCE % Related Terms

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Bayer CropScience Business Description

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506285:India

Address

Bayer House, Central Avenue, Bayer House, Hiranandani Estate, Thane (West), Thane, MH, IND, 400607

Website

https://www.bayer.in

Bayer CropScience Ltd manufactures, distributes, and sells crop protection and hybrid seed products to the agriculture industry. The firm sells fungicides, weedicides, hybrid seeds, consumer in-home pest-control products, and other agrochemical products. Its geographical segments are India, Germany, Bangladesh, and others, of which the vast majority of its revenue comes from India. The company is a subsidiary of Bayer AG, with the majority of common shares owned by its parent company and other Bayer AG subsidiaries.

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