Gopal Snacks (BOM:544140) ROCE % : 0.00% (As of Sep. 2023)

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

Gopal Snacks ROCE % Historical Data

The historical data trend for Gopal Snacks'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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Gopal Snacks ROCE % Chart

Gopal Snacks Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

15.54

25.88

50.21

Gopal Snacks Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
ROCE %	-	-	-	-	-

Gopal Snacks ROCE % Calculation

Gopal Snacks'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 )
	=	1624.8	/	( ( (3997.22 - 1169.38)	+	(4612.83 - 968.63) )	/ 2 )
	=	1624.8	/	( (2827.84	+	3644.2)	/ 2 )
	=	1624.8	/	3236.02
	=	50.21 %

Gopal Snacks'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	/	( ( (4612.83 - 968.63)	+	(4345.37 - 488.65) )	/ 2 )
	=	0	/	( ( 3644.2	+	3856.72 )	/ 2 )
	=	0	/	3750.46
	=	0.00 %

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

Gopal Snacks (BOM:544140) 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.

Gopal Snacks ROCE % Related Terms

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Gopal Snacks (BOM:544140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gopal Snacks Ltd (BOM:544140) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GOPAL:India

Address

Plot Nos. G2322, G2323 and G2324, GIDC Metoda, Taluka Lodhika, Rajkot, GJ, IND, 360021

Website

https://www.gopalnamkeen.com

Gopal Snacks Ltd is a fastmoving consumer goods company in India It offer a wide variety of savoury products under brand 'Gopal', including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, extruded snacks and snack pellets, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi.

Gopal Snacks (BOM:544140) Headlines

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