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ARCL Organics (BOM:543993) ROCE % : 28.90% (As of Mar. 2024)


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What is ARCL Organics 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. ARCL Organics's annualized ROCE % for the quarter that ended in Mar. 2024 was 28.90%.


ARCL Organics ROCE % Historical Data

The historical data trend for ARCL Organics'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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ARCL Organics ROCE % Chart

ARCL Organics Annual Data
Trend Mar23 Mar24
ROCE %
- 19.94

ARCL Organics Semi-Annual Data
Sep22 Mar23 Sep23 Mar24
ROCE % - - 13.25 28.90

ARCL Organics ROCE % Calculation

ARCL Organics's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=177.207/( ( (0 - 0) + (1572.339 - 683.812) )/ 1 )
=177.207/( (0+888.527)/ 1 )
=177.207/888.527
=19.94 %

ARCL Organics's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=246.282/( ( (1200.118 - 384.323) + (1572.339 - 683.812) )/ 2 )
=246.282/( ( 815.795 + 888.527 )/ 2 )
=246.282/852.161
=28.90 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

* 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.


ARCL Organics  (BOM:543993) 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.


ARCL Organics ROCE % Related Terms

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ARCL Organics (BOM:543993) Business Description

Traded in Other Exchanges
N/A
Address
P.S. Maheshtala, Rampur, Kolkata, WB, IND, 700 141
ARCL Organics Ltd is engaged in the manufacturing of HMMM and other specialty resins. Its products include amino resin, melamine resins, phenolic resins, and formaldehyde.

ARCL Organics (BOM:543993) Headlines

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