Rodium Realty (BOM:531822) ROCE % : -3.64% (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Rodium Realty 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. Rodium Realty's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.64%.

Rodium Realty ROCE % Historical Data

The historical data trend for Rodium Realty'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.

Rodium Realty ROCE % Chart

Rodium Realty Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

10.50

8.91

-0.16

2.58

9.79

Rodium Realty 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															6.74	20.50	0.88	-0.43	-3.64

Rodium Realty ROCE % Calculation

Rodium Realty'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 )
	=	41.434	/	( ( (1232.581 - 827.819)	+	(1203.138 - 761.078) )	/ 2 )
	=	41.434	/	( (404.762	+	442.06)	/ 2 )
	=	41.434	/	423.411
	=	9.79 %

Rodium Realty'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 )
	=	-15.556	/	( ( (1226.249 - 799.188)	+	(0 - 0) )	/ 1 )
	=	-15.556	/	( ( 427.061	+	0 )	/ 1 )
	=	-15.556	/	427.061
	=	-3.64 %

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

Rodium Realty (BOM:531822) 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.

Rodium Realty ROCE % Related Terms

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

Rodium Realty (BOM:531822) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rodium Realty Ltd (BOM:531822) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Link Road, 401/402/501, X Cube, Plot No. 636, Opposite to Fun Republic Theater, Andheri (West), Mumbai, MH, IND, 400 053

Website

http://www.rodium.net

Rodium Realty Ltd is an India-based company engaged in real estate development projects and the construction of buildings. Its property development projects include activities starting from the conceptualization stage to the completion stage. It offers services including realty development and redevelopment, design and project management, and property management.

Rodium Realty (BOM:531822) Headlines

No Headlines