S Chand and Co (NSE:SCHAND) ROCE % : 70.31% (As of Mar. 2024)

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What is S Chand and Co 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. S Chand and Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 70.31%.

S Chand and Co ROCE % Historical Data

The historical data trend for S Chand and Co'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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S Chand and Co ROCE % Chart

S Chand and Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-6.70

3.34

3.28

10.40

7.54

S Chand and Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															59.09	2.30	-26.74	-20.51	70.31

S Chand and Co ROCE % Calculation

S Chand and Co'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 )
	=	735.17	/	( ( (12201.01 - 2644.68)	+	(12734.22 - 2798.03) )	/ 2 )
	=	735.17	/	( (9556.33	+	9936.19)	/ 2 )
	=	735.17	/	9746.26
	=	7.54 %

S Chand and Co'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 )
	=	6985.76	/	( ( (0 - 0)	+	(12734.22 - 2798.03) )	/ 1 )
	=	6985.76	/	( ( 0	+	9936.19 )	/ 1 )
	=	6985.76	/	9936.19
	=	70.31 %

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

S Chand and Co (NSE:SCHAND) 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.

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S Chand and Co (NSE:SCHAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » S Chand and Co Ltd (NSE:SCHAND) » Definitions » ROCE %

Traded in Other Exchanges

540497:India

Address

Mohan Co-operative Industrial Estate, A-27, 2nd Floor, New Delhi, IND, 110044

Website

https://www.schandgroup.com

S Chand and Co Ltd is an Indian company engaged in the business of publishing educational books; school books, higher academic books, competition, reference books, technical, professional, and children books. Company key products and services include; Printed and digital educational material for the K-12 segment, for Higher Education and Test Preparation segment. It also exports digital content in Asia, the Middle East, Africa and other parts of the world. The firm operates and earns key income from India. The company operates in one reportable business segment, which is publishing of books.

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