Centrum Capital (BOM:501150) ROCE % : 6.45% (As of Dec. 2023)

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What is Centrum Capital 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. Centrum Capital's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.45%.

Centrum Capital ROCE % Historical Data

The historical data trend for Centrum Capital'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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Centrum Capital ROCE % Chart

Centrum Capital Annual Data

Trend

Jun14

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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16.67

1.38

-1.28

-2.97

2.64

Centrum Capital 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															6.29	-5.23	6.36	6.29	6.45

Centrum Capital ROCE % Calculation

Centrum Capital'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 )
	=	2101.885	/	( ( (124951.086 - 56220.072)	+	(117403.569 - 26835.566) )	/ 2 )
	=	2101.885	/	( (68731.014	+	90568.003)	/ 2 )
	=	2101.885	/	79649.5085
	=	2.64 %

Centrum Capital'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 )
	=	9120.44	/	( ( (143650.778 - 2257.006)	+	(0 - 0) )	/ 1 )
	=	9120.44	/	( ( 141393.772	+	0 )	/ 1 )
	=	9120.44	/	141393.772
	=	6.45 %

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

Centrum Capital (BOM:501150) 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.

Centrum Capital ROCE % Related Terms

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Centrum Capital (BOM:501150) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Centrum Capital Ltd (BOM:501150) » Definitions » ROCE %

Traded in Other Exchanges

CENTRUM:India

Address

CST Road, Vidyanagari Marg, Level 9, Centrum House, Kalina, Santacruz (East), Mumbai, MH, IND, 400098

Website

https://www.centrum.co.in

Centrum Capital Ltd along with its subsidiaries provides investment banking services such as managing public issues, private placements, loan syndication, corporate debt restructuring, mergers and acquisitions, corporate advisory services, infrastructure solutions, private equity investments, and dealing in the primary and secondary markets of securities. Their business operates in various segments which are Banking business, Institutional business, Wealth management and distribution, Housing finance, and SME/Microcredit lending.

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