RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Riddhi Steel and Tube ROCE 2024

Riddhi Steel and Tube ROCE

0.27

Riddhi Steel and Tube Dividend yield

Ticker

540082.BO

ISIN

INE367U01013

In 2024, Riddhi Steel and Tube's return on capital employed (ROCE) was 0.27, a 6.02% increase from the 0.25 ROCE in the previous year.

Riddhi Steel and Tube Aktienanalyse

What does Riddhi Steel and Tube do?

Riddhi Steel and Tube ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Riddhi Steel and Tube's Return on Capital Employed (ROCE)

Riddhi Steel and Tube's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Riddhi Steel and Tube's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Riddhi Steel and Tube's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Riddhi Steel and Tube’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Riddhi Steel and Tube Stock

What is the ROCE (Return on Capital Employed) of Riddhi Steel and Tube this year?

The ROCE of Riddhi Steel and Tube is 0.27 undefined this year.

How has the ROCE (Return on Capital Employed) of Riddhi Steel and Tube developed compared to the previous year?

The ROCE of Riddhi Steel and Tube has increased by 6.02% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Riddhi Steel and Tube?

A high Return on Capital Employed (ROCE) indicates that Riddhi Steel and Tube has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Riddhi Steel and Tube?

A low ROCE (Return on Capital Employed) can indicate that Riddhi Steel and Tube has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Riddhi Steel and Tube impact the company?

An increase in the ROCE of Riddhi Steel and Tube can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Riddhi Steel and Tube affect the company?

A decrease in ROCE of Riddhi Steel and Tube can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Riddhi Steel and Tube?

Some factors that can affect Riddhi Steel and Tube's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Riddhi Steel and Tube so important for investors?

The ROCE of Riddhi Steel and Tube is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Riddhi Steel and Tube take to improve the ROCE?

To improve the ROCE, Riddhi Steel and Tube can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Riddhi Steel and Tube pay?

Over the past 12 months, Riddhi Steel and Tube paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Riddhi Steel and Tube is expected to pay a dividend of 0 INR.

What is the dividend yield of Riddhi Steel and Tube?

The current dividend yield of Riddhi Steel and Tube is .

When does Riddhi Steel and Tube pay dividends?

Riddhi Steel and Tube pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Riddhi Steel and Tube?

Riddhi Steel and Tube paid dividends every year for the past 0 years.

What is the dividend of Riddhi Steel and Tube?

For the upcoming 12 months, dividends amounting to 0 INR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Riddhi Steel and Tube located?

Riddhi Steel and Tube is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Riddhi Steel and Tube kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Riddhi Steel and Tube from 5/21/2024 amounting to 0 INR, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.

When did Riddhi Steel and Tube pay the last dividend?

The last dividend was paid out on 5/21/2024.

What was the dividend of Riddhi Steel and Tube in the year 2023?

In the year 2023, Riddhi Steel and Tube distributed 0 INR as dividends.

In which currency does Riddhi Steel and Tube pay out the dividend?

The dividends of Riddhi Steel and Tube are distributed in INR.

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Andere Kennzahlen von Riddhi Steel and Tube

Our stock analysis for Riddhi Steel and Tube Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Riddhi Steel and Tube Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.