7NR Retail (BOM:540615) ROCE % : -6.07% (As of Dec. 2023)

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What is 7NR Retail 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. 7NR Retail's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.07%.

7NR Retail ROCE % Historical Data

The historical data trend for 7NR Retail'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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7NR Retail ROCE % Chart

7NR Retail Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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2.66

1.80

-4.33

6.78

1.83

7NR Retail Quarterly Data
	Sep18	Mar19	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															3.94	-2.27	1.22	-6.18	-6.07

7NR Retail ROCE % Calculation

7NR Retail'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 )
	=	3.895	/	( ( (206.856 - 98.515)	+	(486.391 - 167.946) )	/ 2 )
	=	3.895	/	( (108.341	+	318.445)	/ 2 )
	=	3.895	/	213.393
	=	1.83 %

7NR Retail'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 )
	=	-18.236	/	( ( (420.26 - 119.644)	+	(0 - 0) )	/ 1 )
	=	-18.236	/	( ( 300.616	+	0 )	/ 1 )
	=	-18.236	/	300.616
	=	-6.07 %

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

7NR Retail (BOM:540615) 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.

7NR Retail ROCE % Related Terms

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7NR Retail (BOM:540615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » 7NR Retail Ltd (BOM:540615) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Sadashiv Kanto, Behind Bajaj Process, Godown No-1, 234/1+234/2,FP-69/3, Narol Chokdi, Narol, Ahmedabad, GJ, IND, 382405

Website

http://www.7nrretailltd.in

7NR Retail Ltd is engaged in the business of trading of apparels in the wholesale and retail segments. It mainly deals in the business of Branding and selling ready-made garments, suiting-shirting, fabrics, and all other textile products. Trading in Textile is the Company's only business segment. The company's products include kids garments under the brand name of Gini & Jony. Geographically, it operates only in India.

7NR Retail (BOM:540615) Headlines

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