Krishca Strapping Solutions (NSE:KRISHCA) ROCE % : 0.00% (As of Sep. 2024)

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What is Krishca Strapping Solutions 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. Krishca Strapping Solutions's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Krishca Strapping Solutions ROCE % Historical Data

The historical data trend for Krishca Strapping Solutions'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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Krishca Strapping Solutions ROCE % Chart

Krishca Strapping Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

-189.34

1.60

39.53

136.27

67.16

Krishca Strapping Solutions Quarterly Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	51.57	50.25	-

Krishca Strapping Solutions ROCE % Calculation

Krishca Strapping Solutions'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 )
	=	185.436	/	( ( (348.503 - 235.979)	+	(776.968 - 337.273) )	/ 2 )
	=	185.436	/	( (112.524	+	439.695)	/ 2 )
	=	185.436	/	276.1095
	=	67.16 %

Krishca Strapping Solutions'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	/	( ( (776.968 - 337.273)	+	(1664.706 - 491.2) )	/ 2 )
	=	0	/	( ( 439.695	+	1173.506 )	/ 2 )
	=	0	/	806.6005
	=	0.00 %

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

Krishca Strapping Solutions (NSE:KRISHCA) 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.

Krishca Strapping Solutions ROCE % Related Terms

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Krishca Strapping Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Krishca Strapping Solutions Ltd (NSE:KRISHCA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Logos Mappedu Industrial and Logistics Park, Building 01B, Mappedu, Thiruvallur District, Chennai, TN, IND, 631 203

Website

https://www.krishcastrapping.com

Krishca Strapping Solutions Ltd manufactures steel straps, and seals, and provides total packaging solutions. The Company has manufacturing facilities in India and majorly caters to the Indian Market with some export operations to countries in the Middle East. Its products include Steel Straps, Steel Seals, Tarpaulin, Dunnage Air Bag, Cord Strap, Lashing Belt, and Desiccant.

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