Continental Controls (BOM:531460) ROCE % : -5.65% (As of Dec. 2023)

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What is Continental Controls 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. Continental Controls's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.65%.

Continental Controls ROCE % Historical Data

The historical data trend for Continental Controls'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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Continental Controls ROCE % Chart

Continental Controls Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-5.42

-5.14

-5.84

0.92

-22.08

Continental Controls 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															-19.72	-29.10	-20.62	-22.86	-5.65

Continental Controls ROCE % Calculation

Continental Controls'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 )
	=	-13.526	/	( ( (115.973 - 40.445)	+	(67.356 - 20.344) )	/ 2 )
	=	-13.526	/	( (75.528	+	47.012)	/ 2 )
	=	-13.526	/	61.27
	=	-22.08 %

Continental Controls'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 )
	=	-1.18	/	( ( (21.506 - 0.615)	+	(0 - 0) )	/ 1 )
	=	-1.18	/	( ( 20.891	+	0 )	/ 1 )
	=	-1.18	/	20.891
	=	-5.65 %

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

Continental Controls (BOM:531460) 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.

Continental Controls ROCE % Related Terms

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Continental Controls (BOM:531460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Continental Controls Ltd (BOM:531460) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Opposite Nicholas Garage, Sativali Road, Gala Number 202, Krishna House, Shailesh Udyog Nagar, Waliv, Vasai (East), Thane, MH, IND, 401208

Website

http://www.continentalcontrols.net

Continental Controls Ltd is engaged in providing protection to electrical equipment against overheating due to overcurrent, fluctuating voltage, overload conditions, and mechanical malfunctions. The company operates in one business segment that is the manufacturing of Electrical Goods. The company provides protection to water pumps, shaded pole motors, permanent split capacitor motors, automotive accessory motors, electrical ballast for fluorescent lights, washing machines, and others. The company operates only in the Indian market.

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