Alan Scott Enterprises (BOM:539115) ROCE % : -20.03% (As of Dec. 2023)

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What is Alan Scott Enterprises 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. Alan Scott Enterprises's annualized ROCE % for the quarter that ended in Dec. 2023 was -20.03%.

Alan Scott Enterprises ROCE % Historical Data

The historical data trend for Alan Scott Enterprises'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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Alan Scott Enterprises ROCE % Chart

Alan Scott Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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2.10

-20.94

0.44

-1.34

-24.81

Alan Scott Enterprises Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-57.05	-25.09	-28.72	-20.03	-20.03

Alan Scott Enterprises ROCE % Calculation

Alan Scott Enterprises'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 )
	=	-15.151	/	( ( (55.655 - 5.855)	+	(103.852 - 31.52) )	/ 2 )
	=	-15.151	/	( (49.8	+	72.332)	/ 2 )
	=	-15.151	/	61.066
	=	-24.81 %

Alan Scott Enterprises'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 )
	=	-20.784	/	( ( (159.217 - 55.45)	+	(0 - 0) )	/ 1 )
	=	-20.784	/	( ( 103.767	+	0 )	/ 1 )
	=	-20.784	/	103.767
	=	-20.03 %

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

Alan Scott Enterprises (BOM:539115) 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.

Alan Scott Enterprises ROCE % Related Terms

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Alan Scott Enterprises (BOM:539115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Alan Scott Enterprises Ltd (BOM:539115) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

890188:India

Address

Kalina Kurla Road, Near Kalina Masjid, Unit No.302, Kumar Plaza, 3rd Floor, Santacruz East, Mumbai, MH, IND, 400029

Website

http://www.thealanscott.com

Alan Scott Enterprises Ltd Formerly Alan Scott Industries Ltd is an India-based company engaged in the manufacturing and trading of textile. The company is involved in the media business which includes the production of Bollywood movies.

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