Lorenzini Apparels (NSE:LAL) ROCE % : -28.91% (As of Dec. 2024)

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What is Lorenzini Apparels 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. Lorenzini Apparels's annualized ROCE % for the quarter that ended in Dec. 2024 was -28.91%.

Lorenzini Apparels ROCE % Historical Data

The historical data trend for Lorenzini Apparels'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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Lorenzini Apparels ROCE % Chart

Lorenzini Apparels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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7.75

4.87

7.42

22.92

32.93

Lorenzini Apparels Quarterly Data
	Jul17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															52.59	13.29	34.69	103.26	-28.91

Lorenzini Apparels ROCE % Calculation

Lorenzini Apparels'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 )
	=	90.122	/	( ( (415.273 - 178.859)	+	(621.638 - 310.763) )	/ 2 )
	=	90.122	/	( (236.414	+	310.875)	/ 2 )
	=	90.122	/	273.6445
	=	32.93 %

Lorenzini Apparels's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-181.664	/	( ( (898.014 - 269.701)	+	(0 - 0) )	/ 1 )
	=	-181.664	/	( ( 628.313	+	0 )	/ 1 )
	=	-181.664	/	628.313
	=	-28.91 %

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

Lorenzini Apparels (NSE:LAL) 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.

Lorenzini Apparels ROCE % Related Terms

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Lorenzini Apparels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lorenzini Apparels Ltd (NSE:LAL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

540952:India

Address

C-64, Okhla Industrial Area Phase - I, South Delhi, New Delhi, IND, 110020

Website

https://www.mymonteil.com

Lorenzini Apparels Ltd is engaged in the business of manufacturing, designing and marketing of readymade garments offering diverse range of formal, semi-formal and casual wear for men and women. It serves customers through the channels of retail and e-commerce. Its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. It also outsources the garments manufacturing on job work basis from third party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric etc. to them who, based on its specifications, procure the requisite raw materials at their own costs and begin the manufacturing process.

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