R R Kabel (BOM:543981) ROCE % : 23.75% (As of Dec. 2023)

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What is R R Kabel 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. R R Kabel's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.75%.

R R Kabel ROCE % Historical Data

The historical data trend for R R Kabel'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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R R Kabel ROCE % Chart

R R Kabel Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

19.29

19.53

24.79

20.64

R R Kabel Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial						29.04	26.51	28.54	27.52	23.75

R R Kabel ROCE % Calculation

R R Kabel'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 )
	=	2964.17	/	( ( (20506.44 - 7125.16)	+	(26336.21 - 10995.76) )	/ 2 )
	=	2964.17	/	( (13381.28	+	15340.45)	/ 2 )
	=	2964.17	/	14360.865
	=	20.64 %

R R Kabel'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 )
	=	4333.996	/	( ( (28348.158 - 10097.776)	+	(0 - 0) )	/ 1 )
	=	4333.996	/	( ( 18250.382	+	0 )	/ 1 )
	=	4333.996	/	18250.382
	=	23.75 %

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

R R Kabel (BOM:543981) 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.

R R Kabel ROCE % Related Terms

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R R Kabel (BOM:543981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » R R Kabel Ltd (BOM:543981) » Definitions » ROCE %

Traded in Other Exchanges

RRKABEL:India

Address

Bhailal Amin Marg, Ground Floor, Alembic Business Park (West), Gorwa, Vadodara, GJ, IND, 390 003

Website

https://www.rrkabel.com

R R Kabel Ltd is mainly engaged in the manufacturing of PVC insulated wires and cables, power cables and special cables. The Company has five manufacturing sites in India. It sells products across two broad segments: (i) wires and cables including house wires, industrial wires, power cables and special cables; and (ii) FMEG including fans, lighting, switches and appliances.

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