Delta Manufacturing (NSE:DELTAMAGNT) ROCE % : -6.78% (As of Dec. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Delta Manufacturing 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. Delta Manufacturing's annualized ROCE % for the quarter that ended in Dec. 2024 was -6.78%.

Delta Manufacturing ROCE % Historical Data

The historical data trend for Delta Manufacturing'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.

Delta Manufacturing ROCE % Chart

Delta Manufacturing Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-9.81

-10.48

33.32

-20.04

-14.17

Delta Manufacturing Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-13.46	-15.34	-20.83	-25.05	-6.78

Delta Manufacturing ROCE % Calculation

Delta Manufacturing'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 )
	=	-59.425	/	( ( (1053.377 - 573.147)	+	(951.581 - 592.838) )	/ 2 )
	=	-59.425	/	( (480.23	+	358.743)	/ 2 )
	=	-59.425	/	419.4865
	=	-14.17 %

Delta Manufacturing's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-19.988	/	( ( (890.015 - 595.107)	+	(0 - 0) )	/ 1 )
	=	-19.988	/	( ( 294.908	+	0 )	/ 1 )
	=	-19.988	/	294.908
	=	-6.78 %

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

Delta Manufacturing (NSE:DELTAMAGNT) 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.

Delta Manufacturing ROCE % Related Terms

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

Delta Manufacturing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Delta Manufacturing Ltd (NSE:DELTAMAGNT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

504286:India

Address

Dr. Annie Besant Road, Delta House, Hornby Vellard Estate, Next to Copper Chimney, Worli, Mumbai, MH, IND, 400018

Website

https://www.deltamagnetsgroup.com

Delta Manufacturing Ltd is engaged in manufacturing of hard ferrites, soft ferrites, textile woven labels, heat transfer labels, fabric printed labels and elastic / woven tape. The company segment comprises of manufacturer of hard ferrite, soft ferrites, textiles and subsidiary company, that includes (sales, distribution, assemblies of magnets & processing of metal powders and specialised lubricants). Key revenue is generated from India.

Delta Manufacturing Headlines

No Headlines