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WOL 3D India (NSE:WOL3D) ROCE % : 61.56% (As of Mar. 2024)


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What is WOL 3D India 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. WOL 3D India's annualized ROCE % for the quarter that ended in Mar. 2024 was 61.56%.


WOL 3D India ROCE % Historical Data

The historical data trend for WOL 3D India'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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WOL 3D India ROCE % Chart

WOL 3D India Annual Data
Trend Mar22 Mar23 Mar24
ROCE %
24.00 45.50 61.56

WOL 3D India Semi-Annual Data
Mar22 Mar23 Mar24
ROCE % 24.00 45.50 61.56

WOL 3D India ROCE % Calculation

WOL 3D India'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 )
=71.764/( ( (139.088 - 47.222) + (245.627 - 104.324) )/ 2 )
=71.764/( (91.866+141.303)/ 2 )
=71.764/116.5845
=61.56 %

WOL 3D India's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=71.764/( ( (139.088 - 47.222) + (245.627 - 104.324) )/ 2 )
=71.764/( ( 91.866 + 141.303 )/ 2 )
=71.764/116.5845
=61.56 %

(1) Note: The EBIT data used here is one times the annual (Mar. 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.


WOL 3D India  (NSE:WOL3D) 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.


WOL 3D India ROCE % Related Terms

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WOL 3D India Business Description

Traded in Other Exchanges
N/A
Address
Dattaram Lad Marg, 18, Ground Floor, Bombay Cotton Mill Estate, Kalachowky, Hakoba Compound, Mumbai, MH, IND, 400033
WOL 3D India Ltd is engaged in the business of providing 3D Printing solutions enabling easier prototyping finding its application in various sectors like manufacturing, education, engineering, architecture, interior designing, fashion designing, product designing, medical, dental etc. Its portfolio includes (i) Hardwares like: 3D printers, 3D Scanners, Laser Engravers and 3D pens (ii) Consumables like: 3D Filaments, 3D Resins, (iii) 3D Prototyping services and (iv) Other services.

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