Suyog Gurbaxani Funicular Ropeways (BOM:543391) ROCE % : 9.28% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Suyog Gurbaxani Funicular Ropeways 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. Suyog Gurbaxani Funicular Ropeways's annualized ROCE % for the quarter that ended in Sep. 2023 was 9.28%.

Suyog Gurbaxani Funicular Ropeways ROCE % Historical Data

The historical data trend for Suyog Gurbaxani Funicular Ropeways'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.

Suyog Gurbaxani Funicular Ropeways ROCE % Chart

Suyog Gurbaxani Funicular Ropeways Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

-1.84

0.01

-7.18

-3.18

6.14

Suyog Gurbaxani Funicular Ropeways Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			-	-	-0.32	12.39	9.28

Suyog Gurbaxani Funicular Ropeways ROCE % Calculation

Suyog Gurbaxani Funicular Ropeways'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 )
	=	45.64	/	( ( (824.537 - 71.361)	+	(800.244 - 67.457) )	/ 2 )
	=	45.64	/	( (753.176	+	732.787)	/ 2 )
	=	45.64	/	742.9815
	=	6.14 %

Suyog Gurbaxani Funicular Ropeways's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	76.792	/	( ( (800.244 - 67.457)	+	(931.196 - 9.637) )	/ 2 )
	=	76.792	/	( ( 732.787	+	921.559 )	/ 2 )
	=	76.792	/	827.173
	=	9.28 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Suyog Gurbaxani Funicular Ropeways (BOM:543391) 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.

Suyog Gurbaxani Funicular Ropeways ROCE % Related Terms

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

Suyog Gurbaxani Funicular Ropeways (BOM:543391) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Suyog Gurbaxani Funicular Ropeways Ltd (BOM:543391) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

LBS Marg, 18, Suyog Industrial Estate, 1st Floor, Vikhroli (West), Mumbai, MH, IND, 400083

Website

https://www.sgfrl.com

Suyog Gurbaxani Funicular Ropeways Ltd is an infrastructure development and construction company engaged in building and operating the Funicular Ropeways Systems. The company has carried on the business of the work to design, engineer, procure, finance, construct, operate, and maintain Funicular Ropeway on a Build, Operate & Transfer (BOT) basis at Saptashrungi Gad, Vani, Kalwan, Nashik, and to charge and collect the toll fees. The majority of revenue is generated from the Toll Collection Fees segment.

Suyog Gurbaxani Funicular Ropeways (BOM:543391) Headlines

No Headlines