Cella Space (BOM:532701) ROCE % : 6.41% (As of Mar. 2024)

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What is Cella Space 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. Cella Space's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.41%.

Cella Space ROCE % Historical Data

The historical data trend for Cella Space'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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Cella Space ROCE % Chart

Cella Space Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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39.90

16.56

13.43

12.39

Cella Space 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															13.01	16.24	13.30	13.34	6.41

Cella Space ROCE % Calculation

Cella Space'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 )
	=	39.249	/	( ( (439.499 - 153.664)	+	(417.298 - 69.421) )	/ 2 )
	=	39.249	/	( (285.835	+	347.877)	/ 2 )
	=	39.249	/	316.856
	=	12.39 %

Cella Space'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 )
	=	22.316	/	( ( (0 - 0)	+	(417.298 - 69.421) )	/ 1 )
	=	22.316	/	( ( 0	+	347.877 )	/ 1 )
	=	22.316	/	347.877
	=	6.41 %

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

Cella Space (BOM:532701) 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.

Cella Space ROCE % Related Terms

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Cella Space (BOM:532701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cella Space Ltd (BOM:532701) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

57/2993-94, Paliam Road, Sree Kailas, Ernakulam, Cochin, KL, IND, 682016

Website

http://www.sreekailas.com

Cella Space Ltd is engaged in dealing in the business of logistics, Industrial Parks, Logistics Parks. It converted its factory building at Edayar, Kochi into a warehouse that has been let out to commercial parties. The company has earned lease rent from the properties rented out as a part of logistics operations. The company has also generated turnover from the trading of Kraft paper.

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