International Travel House (BOM:500213) ROCE % : 22.91% (As of Mar. 2024)

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What is International Travel House 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. International Travel House's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.91%.

International Travel House ROCE % Historical Data

The historical data trend for International Travel House'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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International Travel House ROCE % Chart

International Travel House Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-4.98

-34.14

-10.30

16.44

22.46

International Travel House Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															16.48	17.62	23.33	19.85	22.91

International Travel House ROCE % Calculation

International Travel House'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 )
	=	305.104	/	( ( (1785.379 - 527.265)	+	(2045.854 - 587.13) )	/ 2 )
	=	305.104	/	( (1258.114	+	1458.724)	/ 2 )
	=	305.104	/	1358.419
	=	22.46 %

International Travel House'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 )
	=	334.2	/	( ( (0 - 0)	+	(2045.854 - 587.13) )	/ 1 )
	=	334.2	/	( ( 0	+	1458.724 )	/ 1 )
	=	334.2	/	1458.724
	=	22.91 %

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

International Travel House (BOM:500213) 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.

International Travel House ROCE % Related Terms

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International Travel House (BOM:500213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » International Travel House Ltd (BOM:500213) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Travel House, T-2, Community Centre, Sheikh Sarai, Phase-1, New Delhi, IND, 110017

Website

https://www.internationaltravelhouse.in

International Travel House Ltd is an Indian-based travel management organization. The company provides travel services to corporate travelers in India and abroad. It offers a diverse range of services including corporate travel, air ticketing, car rental, destination management services, leisure holidays, meetings, incentives, conventions, events (MICE), hotel travel counters, and foreign exchange. The company operates in a single segment which is travel-related services. It generates key revenue from the Sale of Services.

International Travel House (BOM:500213) Headlines

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