Sula Vineyards (BOM:543711) ROCE % : 15.56% (As of Mar. 2024)

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What is Sula Vineyards 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. Sula Vineyards's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.56%.

Sula Vineyards ROCE % Historical Data

The historical data trend for Sula Vineyards'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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Sula Vineyards ROCE % Chart

Sula Vineyards Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

3.18

8.44

21.30

25.04

24.28

Sula Vineyards Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								16.33	15.97	25.07	43.57	15.56

Sula Vineyards ROCE % Calculation

Sula Vineyards'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 )
	=	1519.4	/	( ( (8813.7 - 2710.92)	+	(10263.5 - 3851.4) )	/ 2 )
	=	1519.4	/	( (6102.78	+	6412.1)	/ 2 )
	=	1519.4	/	6257.44
	=	24.28 %

Sula Vineyards'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 )
	=	998	/	( ( (0 - 0)	+	(10263.5 - 3851.4) )	/ 1 )
	=	998	/	( ( 0	+	6412.1 )	/ 1 )
	=	998	/	6412.1
	=	15.56 %

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

Sula Vineyards (BOM:543711) 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.

Sula Vineyards ROCE % Related Terms

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Sula Vineyards (BOM:543711) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sula Vineyards Ltd (BOM:543711) » Definitions » ROCE %

Traded in Other Exchanges

SULA:India

Address

N.S. Phadke Marg, 901, Hubtown Solaris, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.sulavineyards.com

Sula Vineyards Ltd is a producer and seller of wine. It distributes wines under a bouquet of popular brands including RASA, Dindori, The Source, Satori, Madera, and Dia. The company's business is broadly classified under two categories namely the production of wine, the import of wines and spirits, and the distribution of wines and spirits and the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms.

Sula Vineyards (BOM:543711) Headlines

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