Jay Bee Laminations (NSE:JAYBEE) ROCE % : 0.00% (As of Sep. 2024)

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What is Jay Bee Laminations 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. Jay Bee Laminations's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Jay Bee Laminations ROCE % Historical Data

The historical data trend for Jay Bee Laminations'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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Jay Bee Laminations ROCE % Chart

Jay Bee Laminations Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

-0.40

31.96

49.81

53.30

Jay Bee Laminations Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	56.34	48.98	-

Jay Bee Laminations ROCE % Calculation

Jay Bee Laminations'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 )
	=	316.076	/	( ( (1089.758 - 581.836)	+	(1309.132 - 630.981) )	/ 2 )
	=	316.076	/	( (507.922	+	678.151)	/ 2 )
	=	316.076	/	593.0365
	=	53.30 %

Jay Bee Laminations'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0	/	( ( (1309.132 - 630.981)	+	(2248.182 - 787.222) )	/ 2 )
	=	0	/	( ( 678.151	+	1460.96 )	/ 2 )
	=	0	/	1069.5555
	=	0.00 %

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

Jay Bee Laminations (NSE:JAYBEE) 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.

Jay Bee Laminations ROCE % Related Terms

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Jay Bee Laminations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jay Bee Laminations Ltd (NSE:JAYBEE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gautam Buddha Nagar, A 18 19 and 21, Phase II Noida, Nagla Charandas, Dadri, Noida, UP, IND, 201305

Website

https://www.jaybeelaminations.co.in

Jay Bee Laminations Ltd manufactures and supplies products that include electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain Oriented Steel for applications in transformers, UPS, and inverters, for end-use in the power industry.

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