Golden Tobacco (BOM:500151) ROCE % : 0.00% (As of Dec. 2021)

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What is Golden Tobacco 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. Golden Tobacco's annualized ROCE % for the quarter that ended in Dec. 2021 was 0.00%.

Golden Tobacco ROCE % Historical Data

The historical data trend for Golden Tobacco'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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Golden Tobacco ROCE % Chart

Golden Tobacco Annual Data

Trend

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ROCE %

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Golden Tobacco Quarterly Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Golden Tobacco ROCE % Calculation

Golden Tobacco's annualized ROCE % for the fiscal year that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	118.771	/	( ( (1743.514 - 3883.774)	+	(1486.068 - 3525.404) )	/ 2 )
	=	118.771	/	( (-2140.26	+	-2039.336)	/ 2 )
	=	118.771	/	-2089.798
	=	-5.68 %

Golden Tobacco's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	-20.756	/	( ( (1487.048 - 3537.51)	+	(0 - 0) )	/ 1 )
	=	-20.756	/	( ( -2050.462	+	0 )	/ 1 )
	=	-20.756	/	-2050.462
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

Golden Tobacco (BOM:500151) 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.

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Golden Tobacco (BOM:500151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Golden Tobacco Ltd (BOM:500151) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

At Darjipura, Post Amaliyara, Vadodara, GJ, IND, 390 022

Website

http://www.goldentobacco.in

Golden Tobacco Ltd is an Indian based firm engaged in the business of Tobacco. The company is primarily involved in the manufacturing of cigarettes and cigars. Its operating segment includes Tobacco Products and Realty. The company generates maximum revenue from Realty segment. It sells cigarettes and cigars under various brands such as Panama, Chancellor, Golden's, and Steel.

Golden Tobacco (BOM:500151) Headlines

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