Crest Ventures (BOM:511413) ROCE % : 4.92% (As of Mar. 2024)

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What is Crest Ventures 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. Crest Ventures's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.92%.

Crest Ventures ROCE % Historical Data

The historical data trend for Crest Ventures'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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Crest Ventures ROCE % Chart

Crest Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.03

1.17

2.07

59.55

6.91

Crest Ventures 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															4.10	4.07	12.65	5.42	4.92

Crest Ventures ROCE % Calculation

Crest Ventures'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 )
	=	856.397	/	( ( (11833.904 - 685.035)	+	(13708.542 - 53.398) )	/ 2 )
	=	856.397	/	( (11148.869	+	13655.144)	/ 2 )
	=	856.397	/	12402.0065
	=	6.91 %

Crest Ventures'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 )
	=	671.416	/	( ( (0 - 0)	+	(13708.542 - 53.398) )	/ 1 )
	=	671.416	/	( ( 0	+	13655.144 )	/ 1 )
	=	671.416	/	13655.144
	=	4.92 %

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

Crest Ventures (BOM:511413) 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.

Crest Ventures ROCE % Related Terms

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Crest Ventures (BOM:511413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Crest Ventures Ltd (BOM:511413) » Definitions » ROCE %

Traded in Other Exchanges

CREST:India

Address

111, Maker Chambers IV, Nariman Point, 11th Floor, Mumbai, MH, IND, 400021

Website

https://www.crest.co.in

Crest Ventures Ltd is a non-banking finance company. Its operating segment includes Broking and intermediary activities; Real estate and related activities; Investing and financial activities and Others. Broking and intermediary services includes broking and related intermediary services in the wholesale debt market, foreign exchange markets, options and swaps, mutual fund and portfolio management services. Investing and financial services of the group includes investing in subsidiary, associates , joint ventures and other entities, dealing in fixed income securities market and advancing of inter-corporate loans.

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