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Jeyyam Global Foods (NSE:JEYYAM) ROCE % : 0.00% (As of Nov. 2023)


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What is Jeyyam Global Foods 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. Jeyyam Global Foods's annualized ROCE % for the quarter that ended in Nov. 2023 was 0.00%.

Jeyyam Global Foods ROCE % Historical Data

The historical data trend for Jeyyam Global Foods'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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Jeyyam Global Foods ROCE % Chart

Jeyyam Global Foods Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROCE %
14.85 13.77 17.49 27.70

Jeyyam Global Foods Quarterly Data
Mar21 Mar22 Mar23 Nov23 Mar24
ROCE % - - - - -

Jeyyam Global Foods ROCE % Calculation

Jeyyam Global Foods'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 )
=282.574/( ( (1683.502 - 723.993) + (1922.639 - 842.233) )/ 2 )
=282.574/( (959.509+1080.406)/ 2 )
=282.574/1019.9575
=27.70 %

Jeyyam Global Foods's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2023 )  (Q: Mar. 2023 )(Q: Nov. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2023 )  (Q: Mar. 2023 )(Q: Nov. 2023 )
=0/( ( (1683.502 - 723.993) + (1806.355 - 766.731) )/ 2 )
=0/( ( 959.509 + 1039.624 )/ 2 )
=0/999.5665
=0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2023) 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.

Jeyyam Global Foods  (NSE:JEYYAM) 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.

Jeyyam Global Foods ROCE % Related Terms

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Jeyyam Global Foods Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jeyyam Global Foods Ltd (NSE:JEYYAM) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
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Address
No.37 (Old No.19), Padmavathiyar Road, Gopalapuram, Chennai, TN, IND, 600 086
Website
https://www.jeyyamfoods.com
Jeyyam Global Foods Ltd specializes in manufacturing and/or processing and supplying Bengal Gram (locally known as Chana), Fried Gram, and Besan Flour to a wide variety of markets like Distributors, Large Retailers, Hotels, Restaurants, Caterers, Branded Supermarkets, and Wholesalers. The Company is continuously engaged in undertaking research and development and is ready to enter into the B2C business of spices and masala, ready-to-cook and ready-to-eat foods, salt, sugar, soya, and vermicelli, among others.

Jeyyam Global Foods Headlines

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