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Soap and Allied Industries (XMAU:SAIL.I0000) ROCE % : -0.68% (As of Dec. 2022)


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What is Soap and Allied 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. Soap and Allied Industries's annualized ROCE % for the quarter that ended in Dec. 2022 was -0.68%.


Soap and Allied Industries ROCE % Historical Data

The historical data trend for Soap and Allied 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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Soap and Allied Industries ROCE % Chart

Soap and Allied Industries Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
6.97 4.46 -0.68

Soap and Allied Industries Semi-Annual Data
Dec20 Dec21 Dec22
ROCE % 6.97 4.46 -0.68

Soap and Allied Industries ROCE % Calculation

Soap and Allied Industries's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-3.149/( ( (862.834 - 379.828) + (869.484 - 430.729) )/ 2 )
=-3.149/( (483.006+438.755)/ 2 )
=-3.149/460.8805
=-0.68 %

Soap and Allied Industries's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=-3.149/( ( (862.834 - 379.828) + (869.484 - 430.729) )/ 2 )
=-3.149/( ( 483.006 + 438.755 )/ 2 )
=-3.149/460.8805
=-0.68 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) 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.


Soap and Allied Industries  (XMAU:SAIL.I0000) 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.


Soap and Allied Industries ROCE % Related Terms

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Soap and Allied Industries (XMAU:SAIL.I0000) Business Description

Traded in Other Exchanges
N/A
Address
Old Moka Road, Bell Village, PO Box 900, Port Louis, MUS
Soap and Allied Industries Ltd is a Mauritius-based company engaged in the manufacturing and sale of soap, detergent, and other cosmetic products. Its product portfolio includes all-purpose cleaners, beauty soap, bleach, custom-made soap, dishwashing liquid, fabric softener, floor cleaner, hand washing powder, laundry soap, luxury soap, toilet cleaner, and washing machine powder, among others. The company exports its products to Comoros, Kenya, Madagascar, Mayotte, Reunion, Seychelles, South Africa, and Zimbabwe.

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