Khaitan Chemicals & Fertilizers (BOM:507794) ROCE % : -20.64% (As of Dec. 2023)

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What is Khaitan Chemicals & Fertilizers 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. Khaitan Chemicals & Fertilizers's annualized ROCE % for the quarter that ended in Dec. 2023 was -20.64%.

Khaitan Chemicals & Fertilizers ROCE % Historical Data

The historical data trend for Khaitan Chemicals & Fertilizers'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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Khaitan Chemicals & Fertilizers ROCE % Chart

Khaitan Chemicals & Fertilizers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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17.40

19.96

27.30

46.68

22.09

Khaitan Chemicals & Fertilizers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															13.88	14.88	-1.95	10.34	-20.64

Khaitan Chemicals & Fertilizers ROCE % Calculation

Khaitan Chemicals & Fertilizers's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	676.38	/	( ( (5707.764 - 2932.32)	+	(7070.117 - 3722.539) )	/ 2 )
	=	676.38	/	( (2775.444	+	3347.578)	/ 2 )
	=	676.38	/	3061.511
	=	22.09 %

Khaitan Chemicals & Fertilizers's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-666.744	/	( ( (7607.694 - 4377.024)	+	(0 - 0) )	/ 1 )
	=	-666.744	/	( ( 3230.67	+	0 )	/ 1 )
	=	-666.744	/	3230.67
	=	-20.64 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Khaitan Chemicals & Fertilizers (BOM:507794) 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.

Khaitan Chemicals & Fertilizers ROCE % Related Terms

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Khaitan Chemicals & Fertilizers (BOM:507794) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Khaitan Chemicals & Fertilizers Ltd (BOM:507794) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KHAICHEM:India

Address

Nipania Main Road, The B Zone, 7th Floor, Pipliya Kumar, Indore, MP, IND, 453771

Website

https://www.kcfl.co.in

Khaitan Chemicals & Fertilizers Ltd is a manufacturer of straight inorganic fertilizers. The company is mainly engaged in the manufacturing of Single Super Phosphate, Sulphuric Acid, and Soya Edible Oil. The segments of the group are Fertilizers and Chemicals and Speciality Chemicals, and others. The products of the company are sold under the brand name Khaitan and Utsav. The Fertilizer and Chemical division of the company is the main contributor to the company's turnover.

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