Columbus McKinnon (Columbus McKinnon) ROCE % : 5.99% (As of Dec. 2023)

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What is Columbus McKinnon 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. Columbus McKinnon's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.99%.

Columbus McKinnon ROCE % Historical Data

The historical data trend for Columbus McKinnon'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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Columbus McKinnon ROCE % Chart

Columbus McKinnon Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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7.84

10.22

2.33

4.88

7.08

Columbus McKinnon 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															6.77	8.04	5.58	7.88	5.99

Columbus McKinnon ROCE % Calculation

Columbus McKinnon'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 )
	=	102.417	/	( ( (1685.707 - 249.619)	+	(1698.455 - 241.657) )	/ 2 )
	=	102.417	/	( (1436.088	+	1456.798)	/ 2 )
	=	102.417	/	1446.443
	=	7.08 %

Columbus McKinnon'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 )
	=	94.364	/	( ( (1827.401 - 263.614)	+	(1857.31 - 269.321) )	/ 2 )
	=	94.364	/	( ( 1563.787	+	1587.989 )	/ 2 )
	=	94.364	/	1575.888
	=	5.99 %

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

Columbus McKinnon (NAS:CMCO) 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.

Columbus McKinnon ROCE % Related Terms

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Columbus McKinnon (Columbus McKinnon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Columbus McKinnon Corp (NAS:CMCO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VC3:Germany VC3:Germany

Address

205 Crosspoint Parkway, Buffalo, NY, USA, 14068

Website

https://www.columbusmckinnon.com

Columbus McKinnon Corp is a designer, manufacturer and marketer of intelligent motion solutions, including motion control products, technologies, automated systems and services, that efficiently and ergonomically move, lift, position and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods and e-commerce/supply chain/warehousing.

Executives

Rebecca Yeung	director	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jon Adams	officer: Interim VP Crane Solutions	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Kurt F Wozniak	officer: VP - Latin America	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gerard G Colella	director	6 SHATTUCK RD, ANDOVER MA 01810
Chad R Abraham	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Mark R Paradowski	officer: VP - Information Services	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Alan S Korman	officer: VP, Gen'l Counsel & Secretary	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gregory P Rustowicz	officer: VP - Finance and CFO	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Peter M Mccormick	officer: VP-CraneSolutions	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Adrienne Williams	officer: Vice President & CHRO	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Terry Schadeberg	officer: President Dorner Mfg. Corp.	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Michael Dastoor	director	C/O JABIL CIRCUIT, INC., 10560 DR. MARTIN LUTHER KING, JR. ST. N., ST. PETERSBURG FL 33716-3718
Mario Y. Ramos	officer: VP Global Product Development	205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jeanne Beliveau-dunn	director	C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
David J. Wilson	director, officer: President & CEO	13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277