Krishival Foods (NSE:KRISHIVAL) ROCE % : 14.64% (As of Sep. 2023)

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What is Krishival 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. Krishival Foods's annualized ROCE % for the quarter that ended in Sep. 2023 was 14.64%.

Krishival Foods ROCE % Historical Data

The historical data trend for Krishival 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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Krishival Foods ROCE % Chart

Krishival Foods Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

7.33

8.26

6.58

14.78

16.46

Krishival Foods Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			16.76	13.63	14.63	20.53	14.64

Krishival Foods ROCE % Calculation

Krishival Foods's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	100.591	/	( ( (542.421 - 37.658)	+	(762.82 - 45.004) )	/ 2 )
	=	100.591	/	( (504.763	+	717.816)	/ 2 )
	=	100.591	/	611.2895
	=	16.46 %

Krishival Foods's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	143.542	/	( ( (762.82 - 45.004)	+	(1285.696 - 42.296) )	/ 2 )
	=	143.542	/	( ( 717.816	+	1243.4 )	/ 2 )
	=	143.542	/	980.608
	=	14.64 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Krishival Foods (NSE:KRISHIVAL) 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.

Krishival Foods ROCE % Related Terms

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Krishival Foods (NSE:KRISHIVAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Krishival Foods Ltd (NSE:KRISHIVAL) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Saki Vihar Road, 1309, Lodha Supremus Powai, Opposite MTNL Office, Mumbai, MH, IND, 400072

Website

https://www.krishival.com

Krishival Foods Ltd is engaged in processing raw cashew nuts into finished cashew kernels in different flavors. It primarily caters to the domestic market with a network of more than thirty distributors across India. In addition to processing raw cashews, we are also engaged in the business of organic manure which is prepared by using by-products like husk and other biodegradable material left after the processing of the raw cashews.

Krishival Foods (NSE:KRISHIVAL) Headlines

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