Bulkcorp International (NSE:BULKCORP) ROCE % : 60.28% (As of Mar. 2024)

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

What is Bulkcorp International 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. Bulkcorp International's annualized ROCE % for the quarter that ended in Mar. 2024 was 60.28%.

Bulkcorp International ROCE % Historical Data

The historical data trend for Bulkcorp International'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.

Bulkcorp International ROCE % Chart

Bulkcorp International Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

28.80

39.93

32.09

60.28

Bulkcorp International Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	28.80	39.93	32.09	60.28

Bulkcorp International ROCE % Calculation

Bulkcorp International'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 )
	=	52.788	/	( ( (176.518 - 115.094)	+	(323.639 - 209.931) )	/ 2 )
	=	52.788	/	( (61.424	+	113.708)	/ 2 )
	=	52.788	/	87.566
	=	60.28 %

Bulkcorp International'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 )
	=	52.788	/	( ( (176.518 - 115.094)	+	(323.639 - 209.931) )	/ 2 )
	=	52.788	/	( ( 61.424	+	113.708 )	/ 2 )
	=	52.788	/	87.566
	=	60.28 %

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

Bulkcorp International (NSE:BULKCORP) 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.

Bulkcorp International ROCE % Related Terms

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

Bulkcorp International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bulkcorp International Ltd (NSE:BULKCORP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corporate Road, 309, Safal Prelude, Off Prahalad Nagar Audagarden, Ahmedabad, GJ, IND, 380015

Website

https://www.bulkcorp-int.com

Bulkcorp International Ltd is engaged in the manufacturing and supply of Food Grade Flexible Intermediate Bulk Container (FIBC) bags. It offers a range of customisable packaging solutions FIBC bags (Jumbo Bags) which come in eight variations and container liners. Its products include 4 Loop bags, Q FIBC bags, Ventilated bags, etc.

Bulkcorp International Headlines

No Headlines