Gokul Agro Resources (NSE:GOKULAGRO) ROCE % : 47.88% (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Gokul Agro Resources 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. Gokul Agro Resources's annualized ROCE % for the quarter that ended in Sep. 2024 was 47.88%.

Gokul Agro Resources ROCE % Historical Data

The historical data trend for Gokul Agro Resources'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.

Gokul Agro Resources ROCE % Chart

Gokul Agro Resources Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

26.66

27.40

37.60

30.68

26.67

Gokul Agro Resources 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															28.52	30.30	21.12	39.21	47.88

Gokul Agro Resources ROCE % Calculation

Gokul Agro Resources'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 )
	=	2765.528	/	( ( (21209.763 - 11647.901)	+	(32068.293 - 20894.542) )	/ 2 )
	=	2765.528	/	( (9561.862	+	11173.751)	/ 2 )
	=	2765.528	/	10367.8065
	=	26.67 %

Gokul Agro Resources'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 )
	=	5814.332	/	( ( (0 - 0)	+	(36000.158 - 23856.035) )	/ 1 )
	=	5814.332	/	( ( 0	+	12144.123 )	/ 1 )
	=	5814.332	/	12144.123
	=	47.88 %

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

Gokul Agro Resources (NSE:GOKULAGRO) 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.

Gokul Agro Resources ROCE % Related Terms

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

Gokul Agro Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gokul Agro Resources Ltd (NSE:GOKULAGRO) » Definitions » ROCE %

Traded in Other Exchanges

539725:India

Address

S.G. Highway, Crown - 3, Inspire Business Park, Near Vaishnodevi Circle, Ahmedabad, GJ, IND, 380005

Website

https://www.gokulagro.com

Gokul Agro Resources Ltd is engaged in the business of manufacturing and trading of edible and non-edible oil, meals and other agricultural products. The company operates in one business segment that is Agro Based Commodities. The organization offers agro-based commodities under various product groups, including soybean, palmolive, cottonseed oil, sunflower oil, castor oil, oil cakes, de-oiled cakes, Vanaspati, oilseeds, and other agro-commodities. Its Oleochemical Products include soya acid oil and palm fatty acid distillate.

Gokul Agro Resources Headlines

No Headlines