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Sindhu Trade Links (NSE:SINDHUTRAD) ROCE % : 16.42% (As of Sep. 2024)


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What is Sindhu Trade Links 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. Sindhu Trade Links's annualized ROCE % for the quarter that ended in Sep. 2024 was 16.42%.


Sindhu Trade Links ROCE % Historical Data

The historical data trend for Sindhu Trade Links'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.

* Premium members only.

Sindhu Trade Links ROCE % Chart

Sindhu Trade Links Annual Data
Trend Mar12 Mar13 Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 2.40 2.86 4.71 5.72

Sindhu Trade Links Quarterly Data
Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.47 11.50 -7.85 13.43 16.42

Sindhu Trade Links ROCE % Calculation

Sindhu Trade Links'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 )
=2194.703/( ( (49918.732 - 12412.306) + (46573.921 - 7376.272) )/ 2 )
=2194.703/( (37506.426+39197.649)/ 2 )
=2194.703/38352.0375
=5.72 %

Sindhu Trade Links'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 )
=6599.348/( ( (47565.246 - 7390.745) + (46623.292 - 6416.876) )/ 2 )
=6599.348/( ( 40174.501 + 40206.416 )/ 2 )
=6599.348/40190.4585
=16.42 %

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

* 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.


Sindhu Trade Links  (NSE:SINDHUTRAD) 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.


Sindhu Trade Links ROCE % Related Terms

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Sindhu Trade Links Business Description

Traded in Other Exchanges
Address
Sector 30, 7th Floor, Tower A, Signature Tower, Moti Nagar, New Delhi, IND, 122003
Sindhu Trade Links Ltd is engaged in activities of transportation, media, investment and finance, Petrol Pump Operations, Power Distribution and Engineering Projects, and Overseas Mining and Trading of Coal. The operating segments of the company are Finance and Investment, Oil, Lubricants and Spares, Transportation and Logistics, Generation & Supply of Electricity, and Oil Drilling Operations. It generates maximum revenue from the Transportation and Logistics segment. Geographically, it derives a majority of its revenue from India.

Sindhu Trade Links Headlines

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