Command Polymers (BOM:543843) ROCE % : 0.00% (As of Sep. 2023)

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What is Command Polymers 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. Command Polymers's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Command Polymers ROCE % Historical Data

The historical data trend for Command Polymers'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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Command Polymers ROCE % Chart

Command Polymers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

3.76

6.20

10.51

7.27

Command Polymers Quarterly Data
	Mar20	Mar21	Mar22	Dec22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			-	-	-	10.54	-

Command Polymers ROCE % Calculation

Command Polymers'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 )
	=	11.341	/	( ( (188.912 - 87.289)	+	(266.05 - 55.511) )	/ 2 )
	=	11.341	/	( (101.623	+	210.539)	/ 2 )
	=	11.341	/	156.081
	=	7.27 %

Command Polymers's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	0	/	( ( (266.05 - 55.511)	+	(255.513 - 46.229) )	/ 2 )
	=	0	/	( ( 210.539	+	209.284 )	/ 2 )
	=	0	/	209.9115
	=	0.00 %

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

Command Polymers (BOM:543843) 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.

Command Polymers ROCE % Related Terms

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Command Polymers (BOM:543843) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Command Polymers Ltd (BOM:543843) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mouza Malancha, J.L.No.87, P.O. Narayanpur, P.S Bhangar, District 24 Parganas (South), Kolkata, WB, IND, 743502

Website

https://www.commandpolymers.com

Command Polymers Ltd is in the business of marketing and manufacturing of Polymer-based products. These products include Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers.

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