GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kuber Udyog Ltd (BOM:539408) » Definitions » ROCE %

Kuber Udyog (BOM:539408) ROCE % : 5.36% (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Kuber Udyog 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. Kuber Udyog's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.36%.


Kuber Udyog ROCE % Historical Data

The historical data trend for Kuber Udyog'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.

* Premium members only.

Kuber Udyog ROCE % Chart

Kuber Udyog Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only -1.47 -5.93 -7.44 0.86 7.97

Kuber Udyog Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.16 44.91 9.45 4.89 5.36

Kuber Udyog ROCE % Calculation

Kuber Udyog's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=2.862/( ( (64.254 - 28.619) + (66.441 - 30.238) )/ 2 )
=2.862/( (35.635+36.203)/ 2 )
=2.862/35.919
=7.97 %

Kuber Udyog'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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=3.64/( ( (68.255 - 0.37) + (0 - 0) )/ 1 )
=3.64/( ( 67.885 + 0 )/ 1 )
=3.64/67.885
=5.36 %

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

* 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.


Kuber Udyog  (BOM:539408) 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.


Kuber Udyog ROCE % Related Terms

Thank you for viewing the detailed overview of Kuber Udyog's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kuber Udyog (BOM:539408) Business Description

Traded in Other Exchanges
N/A
Address
Behind Poisar Bus Depot, Office No. GP 12, 2nd Floor, Raghuleela Mega Mall, Kandivali (West), Mumbai, MH, IND, 400067
Kuber Udyog Ltd is engaged in carrying all or any kind of business of financiers of industrial, commercial and other enterprises and general financiers, film financiers, producers, distributors and exhibitors, money lenders, trustees, real estates, owners, landlords, builders, under writers, guarantors, hire purchase, dealers of all kind of shares, stocks, debenture trustees, securities, bonds, claims, licenses and charges, claims, buildings, negotiable instruments, decrees, book debts, patents, factories, mines, industrial undertaking, business concerns, warehouses, properties, and right of all kinds, agricultural land, farms, gardens, trust Company, Safe deposit Company and such other business of the Company.

Kuber Udyog (BOM:539408) Headlines

No Headlines