Jaysynth Dyestuff (India) (BOM:506910) ROCE % : 0.00% (As of Dec. 2023)

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What is Jaysynth Dyestuff (India) 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. Jaysynth Dyestuff (India)'s annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Jaysynth Dyestuff (India) ROCE % Historical Data

The historical data trend for Jaysynth Dyestuff (India)'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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Jaysynth Dyestuff (India) ROCE % Chart

Jaysynth Dyestuff (India) Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

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3.38

6.77

4.22

7.45

11.40

Jaysynth Dyestuff (India) Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															12.68	4.57	4.48	-	-

Jaysynth Dyestuff (India) ROCE % Calculation

Jaysynth Dyestuff (India)'s annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	103.625	/	( ( (1174.866 - 304.795)	+	(1221.239 - 273.017) )	/ 2 )
	=	103.625	/	( (870.071	+	948.222)	/ 2 )
	=	103.625	/	909.1465
	=	11.40 %

Jaysynth Dyestuff (India)'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	126.76	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	126.76	/	( ( 0	+	0 )	/ 1 )
	=	126.76	/	0
	=	0 %

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

Jaysynth Dyestuff (India) (BOM:506910) 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.

Jaysynth Dyestuff (India) ROCE % Related Terms

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Jaysynth Dyestuff (India) (BOM:506910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jaysynth Dyestuff (India) Ltd (BOM:506910) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pandurang Budhkar Marg, 301, Sumer Kendra, Worli, Mumbai, MH, IND, 400018

Website

http://www.jaysynth.com

Jaysynth Dyestuff (India) Ltd is an India based company engaged in the business of manufacturing dyes, pigments, and digital inks. It manufactures dyes, dyes intermediates, organic chemicals, textile auxiliaries, pigments, resins, plasticizers, and emulsions. The product range of dyes, pigments and digital inks is used in the industries such as textile, plastic, paints and coatings, printing inks, leather, and others. The company sells its products in India, and internationally, of which export sales are the key revenue driver for the company.

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