Silgo Retail (NSE:SILGO) ROCE % : 7.80% (As of Sep. 2024)

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What is Silgo Retail 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. Silgo Retail's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.80%.

Silgo Retail ROCE % Historical Data

The historical data trend for Silgo Retail'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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Silgo Retail ROCE % Chart

Silgo Retail Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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22.91

17.14

14.47

15.00

12.46

Silgo Retail Quarterly Data
	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															8.25	13.00	11.03	9.24	7.80

Silgo Retail ROCE % Calculation

Silgo Retail'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 )
	=	54.86	/	( ( (521.129 - 182.787)	+	(633.364 - 90.919) )	/ 2 )
	=	54.86	/	( (338.342	+	542.445)	/ 2 )
	=	54.86	/	440.3935
	=	12.46 %

Silgo Retail'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	43.392	/	( ( (0 - 0)	+	(640.388 - 83.991) )	/ 1 )
	=	43.392	/	( ( 0	+	556.397 )	/ 1 )
	=	43.392	/	556.397
	=	7.80 %

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

Silgo Retail (NSE:SILGO) 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.

Silgo Retail ROCE % Related Terms

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Silgo Retail Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Silgo Retail Ltd (NSE:SILGO) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jawaharlal Nehru Marg, B-11, Mahalaxmi Nagar, Jaipur, RJ, IND, 302017

Website

https://www.silgo.in

Silgo Retail Ltd is an Indian company specializing in the trade, manufacturing, and selling of silver jewelry and precious stones. The company's product portfolio includes a wide variety of hallmarked silver jewelry, ensuring quality and authenticity. Its offerings encompass various items such as rings, earrings, pendants, bracelets, necklaces, and bangles. With a focus on craftsmanship and certified products, Silgo Retail Ltd aims to cater to domestic and international markets, positioning itself as a key player in silver jewelry.

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