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Ganesha Ecosphere (BOM:514167) 3-Year ROIIC % : 0.96% (As of Mar. 2023)


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What is Ganesha Ecosphere 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Ganesha Ecosphere's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 0.96%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ganesha Ecosphere's 3-Year ROIIC % or its related term are showing as below:

BOM:514167's 3-Year ROIIC % is ranked worse than
53.31% of 1058 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.115 vs BOM:514167: 0.96

Ganesha Ecosphere 3-Year ROIIC % Historical Data

The historical data trend for Ganesha Ecosphere's 3-Year ROIIC % 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.

Ganesha Ecosphere 3-Year ROIIC % Chart

Ganesha Ecosphere Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.43 18.33 -0.88 -1.59 0.96

Ganesha Ecosphere Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
3-Year ROIIC % 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 - - 0.96 - -

Competitive Comparison of Ganesha Ecosphere's 3-Year ROIIC %

For the Textile Manufacturing subindustry, Ganesha Ecosphere's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.


Ganesha Ecosphere's 3-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ganesha Ecosphere's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ganesha Ecosphere's 3-Year ROIIC % falls into.



Ganesha Ecosphere 3-Year ROIIC % Calculation

Ganesha Ecosphere's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 720.6125814 (Mar. 2023) - 655.8418962 (Mar. 2020) )/( 11923.79 (Mar. 2023) - 5178.337 (Mar. 2020) )
=64.7706852/6745.453
=0.96%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Ganesha Ecosphere  (BOM:514167) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Ganesha Ecosphere 3-Year ROIIC % Related Terms

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Ganesha Ecosphere (BOM:514167) Business Description

Traded in Other Exchanges
Address
113/216-B, Swaroop Nagar, First Floor, Kanpur, UP, IND, 208002
Ganesha Ecosphere Ltd deals in the manufacture and sale of polyester staple fiber and spun yarn. The company is involved in the manufacture of recycled polyester staple fiber (RPSF) and recycled polyester spun yarn (RPSY) from pre-and post-consumer polyethylene terephthalate (PET) bottle scrap. Firm' products have application in the manufacture of textiles (T-shirts, body warmers), functional textiles (non-woven air filter fabric, geotextiles, carpets, car upholstery) and fillings (for pillows, duvets, toys). Majority of the company's revenue is derived in India.

Ganesha Ecosphere (BOM:514167) Headlines

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