Alkyl Amines Chemicals (BOM:506767) ROCE % : 15.94% (As of Mar. 2024)

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What is Alkyl Amines Chemicals 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. Alkyl Amines Chemicals's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.94%.

Alkyl Amines Chemicals ROCE % Historical Data

The historical data trend for Alkyl Amines Chemicals'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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Alkyl Amines Chemicals ROCE % Chart

Alkyl Amines Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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46.94

54.31

31.95

27.34

15.95

Alkyl Amines Chemicals 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															22.04	21.74	11.96	14.89	15.94

Alkyl Amines Chemicals ROCE % Calculation

Alkyl Amines Chemicals'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 )
	=	2068.7	/	( ( (15900.874 - 3523.484)	+	(15836.2 - 2279.1) )	/ 2 )
	=	2068.7	/	( (12377.39	+	13557.1)	/ 2 )
	=	2068.7	/	12967.245
	=	15.95 %

Alkyl Amines Chemicals'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 )
	=	2161.6	/	( ( (0 - 0)	+	(15836.2 - 2279.1) )	/ 1 )
	=	2161.6	/	( ( 0	+	13557.1 )	/ 1 )
	=	2161.6	/	13557.1
	=	15.94 %

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

Alkyl Amines Chemicals (BOM:506767) 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.

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Alkyl Amines Chemicals (BOM:506767) Business Description

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ALKYLAMINE:India

Address

132, Dr. Annie Besant Road, 207A, Kakad Chambers, Worli, Mumbai, MH, IND, 400 018

Website

https://www.alkylamines.com

Alkyl Amines Chemicals Ltd supplies amines and amine-based chemicals to the pharmaceutical, agrochemical, rubber chemical, and water treatment industries. Its products include Aliphatic Amines, Amine Derivatives, and Fine Chemicals. It also provides contract services consisting of technology and product development, and scale-up services, as well as custom manufacturing support services. The company serves industries, such as pharmaceuticals, agrochemicals, water treatment chemicals, foundry chemicals, rubber chemicals. Geographically, it derives a majority of its revenue from Within India.

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