Watawala Plantations (COL:WATA.N0000) ROCE % : 30.62% (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Watawala Plantations 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. Watawala Plantations's annualized ROCE % for the quarter that ended in Dec. 2023 was 30.62%.

Watawala Plantations ROCE % Historical Data

The historical data trend for Watawala Plantations'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.

Watawala Plantations ROCE % Chart

Watawala Plantations Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

17.84

19.31

28.89

46.50

38.11

Watawala Plantations 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															35.84	13.51	42.41	44.33	30.62

Watawala Plantations ROCE % Calculation

Watawala Plantations'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 )
	=	3069.683	/	( ( (8891.695 - 739.46)	+	(8834.449 - 875.812) )	/ 2 )
	=	3069.683	/	( (8152.235	+	7958.637)	/ 2 )
	=	3069.683	/	8055.436
	=	38.11 %

Watawala Plantations'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 )
	=	2584.432	/	( ( (9834.504 - 857.806)	+	(8884.576 - 983.338) )	/ 2 )
	=	2584.432	/	( ( 8976.698	+	7901.238 )	/ 2 )
	=	2584.432	/	8438.968
	=	30.62 %

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

Watawala Plantations (COL:WATA.N0000) 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.

Watawala Plantations ROCE % Related Terms

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

Watawala Plantations (COL:WATA.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Watawala Plantations PLC (COL:WATA.N0000) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 60, Dharmapala Mawatha, Colombo, LKA, 03

Website

https://www.watawalaplantations.lk

Watawala Plantations PLC engages in the provision of agricultural products. It operates through the following segments: Palm Oil, Dairy, and others. Its Dairy segment provides various dairy products. The Palm Oil segment includes producing crude and kernel palm oil and generates the majority of revenue for the company. It is also involved in the marketing of tea products.

Watawala Plantations (COL:WATA.N0000) Headlines

No Headlines