Pritika Auto Industries (NSE:PRITIKAUTO) ROCE % : 0.00% (As of Dec. 2024)

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What is Pritika Auto Industries 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. Pritika Auto Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Pritika Auto Industries ROCE % Historical Data

The historical data trend for Pritika Auto Industries'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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Pritika Auto Industries ROCE % Chart

Pritika Auto Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.53

9.59

14.18

14.34

12.94

Pritika Auto Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															13.89	6.65	12.95	-	-

Pritika Auto Industries ROCE % Calculation

Pritika Auto Industries'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 )
	=	343.894	/	( ( (3511.547 - 1216.287)	+	(4394.426 - 1376.099) )	/ 2 )
	=	343.894	/	( (2295.26	+	3018.327)	/ 2 )
	=	343.894	/	2656.7935
	=	12.94 %

Pritika Auto Industries'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 )
	=	358.556	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	358.556	/	( ( 0	+	0 )	/ 1 )
	=	358.556	/	0
	=	0 %

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

Pritika Auto Industries (NSE:PRITIKAUTO) 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.

Pritika Auto Industries ROCE % Related Terms

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Pritika Auto Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pritika Auto Industries Ltd (NSE:PRITIKAUTO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

539359:India

Address

Plot No. C-94, SAS Nagar, Phase-VII Industrial Focal Point, Mohali, PB, IND, 160055

Website

https://www.pritikaautoindustries.com

Pritika Auto Industries Ltd is an Indian company engaged in the manufacturing of tractor and automobile components. The company is engaged in manufacturing and selling parts and components for the Tractor Industry. The company sells metal, alloys, castings, automobile parts, machine tools, and tractor parts as well as engineering goods and accessories including zigs and fixtures, bolts and nuts, screws of any size and design for motor vehicles, or components parts. The Company is dealing in single segment which is manufacturing of Auto Components/parts.

Pritika Auto Industries Headlines

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