Riga Sugar Co (BOM:507508) ROE %: 0.00% (As of Sep. 2024)

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BOM:507508 Riga Sugar Co Ltd BOM:507508
4 GF Score
Price ₹5.25
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What is Riga Sugar Co ROE %?

Riga Sugar Co BOM:507508 4 ROE % is 0.00% as of Sep. 2024. GuruFocus rates BOM:507508 with a GF Score™ of 4/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Riga Sugar Co's annualized net income for the quarter that ended in Sep. 2024 was ₹-220.12 Mil. Riga Sugar Co's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₹-2,012.09 Mil. Therefore, Riga Sugar Co's annualized ROE % for the quarter that ended in Sep. 2024 was N/A%.

The historical rank and industry rank for Riga Sugar Co's ROE % or its related term are showing as below:

BOM:507508's ROE % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.96
* Ranked among companies with meaningful ROE % only.

Riga Sugar Co  (BOM:507508) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-220.124/-2012.088
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-220.124 / 0)*(0 / 1508.311)*(1508.311 / -2012.088)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-220.124/-2012.088
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-220.124 / -220.124) * (-220.124 / -60.804) * (-60.804 / 0) * (0 / 1508.311) * (1508.311 / -2012.088)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 3.6202 * N/A % * 0 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Riga Sugar Co ROE % Related Terms


Riga Sugar Co ROE % Historical Data

* Premium members only.

The historical data trend for Riga Sugar Co's ROE % 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.

Riga Sugar Co ROE % Chart

Riga Sugar Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Riga Sugar Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun23 Sep23 Mar24 Jun24 Sep24
ROE % 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 0.00 0.00 0.00 0.00 0.00

BOM:507508 vs MDLZ, HSY, TR: ROE % Comparison

For the Confectioners subindustry, Riga Sugar Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Riga Sugar Co ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Riga Sugar Co's ROE % distribution charts can be found below:

* The bar in red indicates where Riga Sugar Co's ROE % falls into.


BOM:507508
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Riga Sugar Co Ltd BOM:507508
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Riga Sugar Co ROE % Calculation

Riga Sugar Co's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=-276.33/( (0+-1902.85)/ 1 )
=-276.33/-1902.85
=N/A %

Riga Sugar Co's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-220.124/( (0+-2012.088)/ 1 )
=-220.124/-2012.088
=N/A %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
Riga Sugar Co (BOM:507508) has a ROE % of 0.00% as of Sep. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Riga Sugar Co and its competitors.
Is Riga Sugar Co's ROE % too high?
Riga Sugar Co's current ROE % is 0.00%. Overall, Riga Sugar Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Riga Sugar Co's ROE % compare to MDLZ and HSY?
Riga Sugar Co's ROE % of 0.00% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROE % is 6.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.96, based on 1,924 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Riga Sugar Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riga Sugar Co's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riga Sugar Co stock overvalued right now?
Riga Sugar Co (BOM:507508) has a current ROE % of 0.00%. The current ROE % is 0.00%. Riga Sugar Co's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Riga Sugar Co (BOM:507508), the current ROE % is 0.00% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Riga Sugar Co Business Description

Address 14, Netaji Subhas Road, 2nd Floor, Kolkata, WB, IND, 700 001
Riga Sugar Co Ltd is an integrated sugar company. The company's operating segment includes Sugar and Distillery. It generates maximum revenue from the Sugar segment. The company's product includes sugar; molasses; bagasses; ethanol; and fertiliser.
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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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