Welspun Living (BOM:514162) ROCE % : 18.84% (As of Mar. 2024)

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What is Welspun Living 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. Welspun Living's annualized ROCE % for the quarter that ended in Mar. 2024 was 18.84%.

Welspun Living ROCE % Historical Data

The historical data trend for Welspun Living'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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Welspun Living ROCE % Chart

Welspun Living Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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16.74

17.57

17.12

7.27

18.02

Welspun Living Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															7.79	13.80	19.44	18.55	18.84

Welspun Living ROCE % Calculation

Welspun Living'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 )
	=	11203.6	/	( ( (86500.8 - 26669.9)	+	(95500.4 - 30960.9) )	/ 2 )
	=	11203.6	/	( (59830.9	+	64539.5)	/ 2 )
	=	11203.6	/	62185.2
	=	18.02 %

Welspun Living'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 )
	=	12158	/	( ( (0 - 0)	+	(95500.4 - 30960.9) )	/ 1 )
	=	12158	/	( ( 0	+	64539.5 )	/ 1 )
	=	12158	/	64539.5
	=	18.84 %

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

Welspun Living (BOM:514162) 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.

Welspun Living ROCE % Related Terms

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Welspun Living (BOM:514162) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Welspun Living Ltd (BOM:514162) » Definitions » ROCE %

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WELSPUNLIV:India

Address

Senapati Bapat Marg, Welspun House, 6th Floor, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.welspunindia.com

Welspun Living Ltd Formerly Welspun India Ltd is an India-based company that makes and sells home textiles. The company's products consist of towels, bath robes, bath rugs and mats, area rugs, carpets, bed sheets, utility bedding, and fashion bedding. The company owns several brands, including Christy, Spaces, Welhome, and Others. The company has a worldwide distribution network, with the United States, the United Kingdom, and Europe being the major markets. The company also has presence in emerging markets, like India, the Middle East, and China.

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