Hemisphere Properties India (BOM:543242) ROCE % : -0.16% (As of Dec. 2023)

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What is Hemisphere Properties India 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. Hemisphere Properties India's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.16%.

Hemisphere Properties India ROCE % Historical Data

The historical data trend for Hemisphere Properties India'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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Hemisphere Properties India ROCE % Chart

Hemisphere Properties India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-10.79

-0.55

-2.51

-3.02

-0.31

Hemisphere Properties India Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												-0.23	-0.77	-0.15	-0.23	-0.16

Hemisphere Properties India ROCE % Calculation

Hemisphere Properties India'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 )
	=	-13.174	/	( ( (11017.882 - 6675.426)	+	(10764.326 - 6515.71) )	/ 2 )
	=	-13.174	/	( (4342.456	+	4248.616)	/ 2 )
	=	-13.174	/	4295.536
	=	-0.31 %

Hemisphere Properties India'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 )
	=	-6.656	/	( ( (10762.389 - 6538.863)	+	(0 - 0) )	/ 1 )
	=	-6.656	/	( ( 4223.526	+	0 )	/ 1 )
	=	-6.656	/	4223.526
	=	-0.16 %

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

Hemisphere Properties India (BOM:543242) 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.

Hemisphere Properties India ROCE % Related Terms

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Hemisphere Properties India (BOM:543242) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hemisphere Properties India Ltd (BOM:543242) » Definitions » ROCE %

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HEMIPROP:India

Address

Maulana Azad Road, Room Number 144, C-Wing, Nirman Bhawan, New Delhi, IND, 110001

Website

https://www.hpil.co.in

Hemisphere Properties India Ltd is engaged in the business of constructing, acquiring, developing, managing, and dealing in properties.

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