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Creative Graphics Solutions India (NSE:CGRAPHICS) ROCE % : 37.92% (As of Sep. 2024)


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What is Creative Graphics Solutions India 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. Creative Graphics Solutions India's annualized ROCE % for the quarter that ended in Sep. 2024 was 37.92%.


Creative Graphics Solutions India ROCE % Historical Data

The historical data trend for Creative Graphics Solutions India'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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Creative Graphics Solutions India ROCE % Chart

Creative Graphics Solutions India Annual Data
Trend Mar21 Mar22 Mar23
ROCE %
39.79 65.13 61.46

Creative Graphics Solutions India Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
ROCE % - - - 57.80 37.92

Creative Graphics Solutions India ROCE % Calculation

Creative Graphics Solutions India's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=131.717/( ( (449.74 - 328.18) + (660.007 - 352.928) )/ 2 )
=131.717/( (121.56+307.079)/ 2 )
=131.717/214.3195
=61.46 %

Creative Graphics Solutions India'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: Sep. 2023 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Sep. 2023 )(Q: Sep. 2024 )
=292.8/( ( (1003.129 - 582.133) + (1978.1 - 854.9) )/ 2 )
=292.8/( ( 420.996 + 1123.2 )/ 2 )
=292.8/772.098
=37.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

* 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.


Creative Graphics Solutions India  (NSE:CGRAPHICS) 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.


Creative Graphics Solutions India ROCE % Related Terms

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Creative Graphics Solutions India Business Description

Traded in Other Exchanges
N/A
Address
Gautam Buddha Nagar, A-31, Sector-58, Noida, UP, IND, 01301
Creative Graphics Solutions India Ltd is a pre-press company, engaged in the manufacturing of flexographic printing plates including Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. The company operates in a single segment called Flexographic plates.

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