Keltech Energies (BOM:506528) ROCE % : 33.48% (As of Mar. 2024)

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What is Keltech Energies 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. Keltech Energies's annualized ROCE % for the quarter that ended in Mar. 2024 was 33.48%.

Keltech Energies ROCE % Historical Data

The historical data trend for Keltech Energies'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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Keltech Energies ROCE % Chart

Keltech Energies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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11.26

6.24

11.82

23.22

28.70

Keltech Energies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															41.62	30.44	25.46	25.28	33.48

Keltech Energies ROCE % Calculation

Keltech Energies'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 )
	=	305.342	/	( ( (2053.377 - 1054.474)	+	(2226.762 - 1097.864) )	/ 2 )
	=	305.342	/	( (998.903	+	1128.898)	/ 2 )
	=	305.342	/	1063.9005
	=	28.70 %

Keltech Energies'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	377.964	/	( ( (0 - 0)	+	(2226.762 - 1097.864) )	/ 1 )
	=	377.964	/	( ( 0	+	1128.898 )	/ 1 )
	=	377.964	/	1128.898
	=	33.48 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Keltech Energies (BOM:506528) 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.

Keltech Energies ROCE % Related Terms

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Keltech Energies (BOM:506528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Keltech Energies Ltd (BOM:506528) » Definitions » ROCE %

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N/A

Address

No.3, Infantry Road, 7th Floor, Embassy Icon, Bengaluru, KA, IND, 560001

Website

https://www.keltechenergies.com

Keltech Energies Ltd is engaged in the manufacture of industrial explosives and the sale of perlite & perlite-based products. The company is a technology provider in the area of low-temperature cryogenic insulation of LNG, Ethylene, Propylene, Butane, Propane, Ethane, LOX, LIN, LAR, Ammonia, Cold boxes and other cryogenic equipment. Key areas of operation include the Manufacture of explosives, cryogenic insulation, perlite filter aid, horticulture products as well as perlite products for the construction, refractory and foundry Industries. The Company has two reportable segments such as Explosives segment which manufactures cartridge explosives, bulk emulsion explosives and Perlite segment which manufactures cryogenic insulation, industrial filter-aid, horticulture products etc.

Keltech Energies (BOM:506528) Headlines

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