Yash Chemex (BOM:539939) ROCE % : 6.33% (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Yash Chemex 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. Yash Chemex's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.33%.

Yash Chemex ROCE % Historical Data

The historical data trend for Yash Chemex'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.

* Premium members only.

Yash Chemex ROCE % Chart

Yash Chemex Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

17.66

14.99

13.01

15.20

15.09

Yash Chemex 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															7.00	11.24	19.31	14.83	6.33

Yash Chemex ROCE % Calculation

Yash Chemex'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 )
	=	58.2	/	( ( (682.444 - 317.29)	+	(676.323 - 270.126) )	/ 2 )
	=	58.2	/	( (365.154	+	406.197)	/ 2 )
	=	58.2	/	385.6755
	=	15.09 %

Yash Chemex'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 )
	=	38.664	/	( ( (858.732 - 248.135)	+	(0 - 0) )	/ 1 )
	=	38.664	/	( ( 610.597	+	0 )	/ 1 )
	=	38.664	/	610.597
	=	6.33 %

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

Yash Chemex (BOM:539939) 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.

Yash Chemex ROCE % Related Terms

Thank you for viewing the detailed overview of Yash Chemex's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Yash Chemex (BOM:539939) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yash Chemex Ltd (BOM:539939) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 Feet Ring Road, 411, 4th Floor, Sigma Icon-1, Opposite Medilink Hospital, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.yashchemex.com

Yash Chemex Ltd is a chemical and dyes manufacturing and distribution company. The company's operating segment is the trading of chemicals. Through it's subsidiary, it also offers FMCG products like Perfume, Pocket Perfumes, Body Deodorant Sprays, Refreshing Toners, Hair-Re-Growth Oil, hand-made Natural Soaps and manufacturing of Industrial Dyes, Pigments Paste and Intermediates. Geographically, it derives a majority of revenue from India.

Yash Chemex (BOM:539939) Headlines

No Headlines