Cello World (BOM:544012) ROCE % : 38.75% (As of Mar. 2024)

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What is Cello World 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. Cello World's annualized ROCE % for the quarter that ended in Mar. 2024 was 38.75%.

Cello World ROCE % Historical Data

The historical data trend for Cello World'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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Cello World ROCE % Chart

Cello World Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

271.34

158.06

57.73

38.75

Cello World Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	271.34	158.06	57.73	38.75

Cello World ROCE % Calculation

Cello World'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 )
	=	4775.554	/	( ( (15516.92 - 5054.98)	+	(19717.839 - 5534.64) )	/ 2 )
	=	4775.554	/	( (10461.94	+	14183.199)	/ 2 )
	=	4775.554	/	12322.5695
	=	38.75 %

Cello World'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: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	4775.554	/	( ( (15516.92 - 5054.98)	+	(19717.839 - 5534.64) )	/ 2 )
	=	4775.554	/	( ( 10461.94	+	14183.199 )	/ 2 )
	=	4775.554	/	12322.5695
	=	38.75 %

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

Cello World (BOM:544012) 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.

Cello World ROCE % Related Terms

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Cello World (BOM:544012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Cello World Ltd (BOM:544012) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CELLO:India

Address

Sonawala Road, Corporate Avenue, Cello House, B Wing, 8th Floor, Goregaon, Mumbai, MH, IND, 400063

Website

https://www.celloworld.com

Cello World Ltd is a popular Indian consumer products company. It is a leading company in the consumerware market in India with a presence in the consumer houseware, writing instruments and stationery, and molded furniture and allied products categories, and is amongst the largest brands in the Indian consumerware market.

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