Brace Port Logistics (NSE:BRACEPORT) ROCE % : 56.31% (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Brace Port Logistics 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. Brace Port Logistics's annualized ROCE % for the quarter that ended in Mar. 2024 was 56.31%.

Brace Port Logistics ROCE % Historical Data

The historical data trend for Brace Port Logistics'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.

* Premium members only.

Brace Port Logistics ROCE % Chart

Brace Port Logistics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

31.07

166.26

122.48

56.31

Brace Port Logistics Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	31.07	166.26	122.48	56.31

Brace Port Logistics ROCE % Calculation

Brace Port Logistics'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 )
	=	66.578	/	( ( (131.078 - 36.977)	+	(278.329 - 135.941) )	/ 2 )
	=	66.578	/	( (94.101	+	142.388)	/ 2 )
	=	66.578	/	118.2445
	=	56.31 %

Brace Port Logistics'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 )
	=	66.578	/	( ( (131.078 - 36.977)	+	(278.329 - 135.941) )	/ 2 )
	=	66.578	/	( ( 94.101	+	142.388 )	/ 2 )
	=	66.578	/	118.2445
	=	56.31 %

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

Brace Port Logistics (NSE:BRACEPORT) 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.

Brace Port Logistics ROCE % Related Terms

Thank you for viewing the detailed overview of Brace Port Logistics's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Brace Port Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Brace Port Logistics Ltd (NSE:BRACEPORT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5, Road No 4, A-182, Mahipalpur Extension, South Delhi, Mahipalpur, New Delhi, IND, 110037

Website

https://www.braceport-logistics.com

Brace Port Logistics Ltd is a service-based logistics company primarily engaged in the business of providing Ocean cargo logistics services to clients operating in the various sectors of the economy. It also provides various value-added services like Air Freight, Warehousing facilities, special cargo services, and custom clearance services.

Brace Port Logistics Headlines

No Headlines