NaturalShrimp (NaturalShrimp) ROCE % : -52.04% (As of Sep. 2023)

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What is NaturalShrimp 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. NaturalShrimp's annualized ROCE % for the quarter that ended in Sep. 2023 was -52.04%.

NaturalShrimp ROCE % Historical Data

The historical data trend for NaturalShrimp'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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NaturalShrimp ROCE % Chart

NaturalShrimp Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-81.27

-618.05

-46.39

NaturalShrimp Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-1,936.64	807.48	-68.73	-43.10	-52.04

NaturalShrimp ROCE % Calculation

NaturalShrimp'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 )
	=	-8.679	/	( ( (37.899 - 21.846)	+	(32.587 - 11.222) )	/ 2 )
	=	-8.679	/	( (16.053	+	21.365)	/ 2 )
	=	-8.679	/	18.709
	=	-46.39 %

NaturalShrimp'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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-10.396	/	( ( (31.707 - 10.58)	+	(29.42 - 10.594) )	/ 2 )
	=	-10.396	/	( ( 21.127	+	18.826 )	/ 2 )
	=	-10.396	/	19.9765
	=	-52.04 %

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

NaturalShrimp (OTCPK:SHMP) 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.

NaturalShrimp ROCE % Related Terms

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NaturalShrimp (NaturalShrimp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NaturalShrimp Inc (OTCPK:SHMP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5501 LBJ Freeway, Suite 450, Dallas, TX, USA, 75240

Website

https://www.naturalshrimp.com

NaturalShrimp Inc is a shrimp farming biotechnology company. The firm with its subsidiaries develops proprietary technologies for the growth and sale of natural shrimp indoors without the use of antibiotics or toxic materials. Its products include Vibrio suppression technology and Automated monitoring and control system.

Executives

Gerald Easterling	director, officer: President & Secretary	C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Thomas Untermeyer	officer: Chief Technology Officer	C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Naturalshrimp Holdings Inc	10 percent owner	833 CR 583, La Coste TX 78039
Bill G. Williams	director, officer: Chief Executive Officer	C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Alexander Baez	officer: Chief Financial Officer	C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
William J Delgado	director, officer: President, Sec. & Treasurer	7154 SUTTER AVENUE, CARMICHAEL CA 95608
Dragon Acquisitions Llc	10 percent owner	989 TAHOE BLVD., UNIT 64L, INCLINE VILLAGE NV 89541
Walter Brenner	director, officer: CEO	1030 DENMAN STREET, SUITE 125A, VANCOUVER A1 V6G 2M6
Andrew Rybacha	director	12F WORLD TRADE CENTRE, #25 TONGXING ST., ZHONGSHAN DISTRICT, DALIAN F4 116001
Hui Deng	officer: Secretary	12F WORLD TRADE CENTRE, #25 TONGXING ST., ZONGSHAN DISTRICT, DALIAN F4 116001
Yuan Kun Deng	director, officer: President	12F, WORLD TRADE CENTER, NO. 25 TONGXING ST., DALIAN F4 116001