Butterfly Gandhimathi Appliances (BOM:517421) ROCE % : -33.42% (As of Mar. 2024)

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What is Butterfly Gandhimathi Appliances 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. Butterfly Gandhimathi Appliances's annualized ROCE % for the quarter that ended in Mar. 2024 was -33.42%.

Butterfly Gandhimathi Appliances ROCE % Historical Data

The historical data trend for Butterfly Gandhimathi Appliances'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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Butterfly Gandhimathi Appliances ROCE % Chart

Butterfly Gandhimathi Appliances Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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11.78

26.87

14.53

31.87

3.99

Butterfly Gandhimathi Appliances 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															5.88	22.61	26.17	-1.06	-33.42

Butterfly Gandhimathi Appliances ROCE % Calculation

Butterfly Gandhimathi Appliances'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 )
	=	120.53	/	( ( (5027.052 - 2020.21)	+	(5358.993 - 2325.616) )	/ 2 )
	=	120.53	/	( (3006.842	+	3033.377)	/ 2 )
	=	120.53	/	3020.1095
	=	3.99 %

Butterfly Gandhimathi Appliances'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 )
	=	-1013.856	/	( ( (0 - 0)	+	(5358.993 - 2325.616) )	/ 1 )
	=	-1013.856	/	( ( 0	+	3033.377 )	/ 1 )
	=	-1013.856	/	3033.377
	=	-33.42 %

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

Butterfly Gandhimathi Appliances (BOM:517421) 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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Butterfly Gandhimathi Appliances (BOM:517421) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Butterfly Gandhimathi Appliances Ltd (BOM:517421) » Definitions » ROCE %

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BUTTERFLY:India

Address

Rajiv Gandhi Salai, E-34, Second Floor, Egattur Village, Chengalpet District, Navalur, Chennai, TN, IND, 600130

Website

https://www.butterflyindia.com

Butterfly Gandhimathi Appliances Ltd is a kitchen appliances company in India. The company is engaged in offering kitchen and electrical appliances, cookware, and other products. The company manufactures LPG Stoves, mixer grinders, tabletop wet grinders, power hobs, electrical rice cookers, chimneys, and stainless steel and aluminum pressure cookers among others.

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