Mukka Proteins (NSE:MUKKA) ROCE % : 0.00% (As of Sep. 2023)

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What is Mukka Proteins 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. Mukka Proteins's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Mukka Proteins ROCE % Historical Data

The historical data trend for Mukka Proteins'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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Mukka Proteins ROCE % Chart

Mukka Proteins Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

35.94

36.55

28.05

42.96

53.82

Mukka Proteins Quarterly Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Dec22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			-	-	-	92.24	-

Mukka Proteins ROCE % Calculation

Mukka Proteins'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 )
	=	775.64	/	( ( (3922.96 - 2764.12)	+	(5751.64 - 4028) )	/ 2 )
	=	775.64	/	( (1158.84	+	1723.64)	/ 2 )
	=	775.64	/	1441.24
	=	53.82 %

Mukka Proteins'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 )
	=	0	/	( ( (5751.64 - 4028)	+	(6411.77 - 4383.96) )	/ 2 )
	=	0	/	( ( 1723.64	+	2027.81 )	/ 2 )
	=	0	/	1875.725
	=	0.00 %

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

Mukka Proteins (NSE:MUKKA) 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.

Mukka Proteins ROCE % Related Terms

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Mukka Proteins (NSE:MUKKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mukka Proteins Ltd (NSE:MUKKA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

544135:India

Address

NG Road, Mukka Corporate House, Door, No. 18-2-16/4, First Cross, Dakshina, Kannada, Mangaluru, KA, IND, 575001

Website

https://www.mukkaproteins.com

Mukka Proteins Ltd is an animal protein company. It manufactures and supply fish meal, fish oil and fish soluble paste which is an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food). Also fish oil also finds its application in pharmaceutical products (additionally, Omega-3 pills and related products derived from fish oil are gaining importance as high nutrient and healthy dietary supplements), soap manufacturing, leather tanneries & paint industries. Company sells its products domestically and also export them to over 10 countries, including Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan and Vietnam.

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