EKI Energy Services (BOM:543284) ROCE % : -18.68% (As of Mar. 2024)

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What is EKI Energy Services 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. EKI Energy Services's annualized ROCE % for the quarter that ended in Mar. 2024 was -18.68%.

EKI Energy Services ROCE % Historical Data

The historical data trend for EKI Energy Services'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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EKI Energy Services ROCE % Chart

EKI Energy Services Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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135.93

153.00

235.98

29.23

-18.30

EKI Energy Services Quarterly Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial												-35.47	-16.83	-25.85	-13.50	-18.68

EKI Energy Services ROCE % Calculation

EKI Energy Services'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 )
	=	-1261.658	/	( ( (8883.323 - 1278.392)	+	(6627.04 - 442.504) )	/ 2 )
	=	-1261.658	/	( (7604.931	+	6184.536)	/ 2 )
	=	-1261.658	/	6894.7335
	=	-18.30 %

EKI Energy Services'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 )
	=	-1155.156	/	( ( (0 - 0)	+	(6627.04 - 442.504) )	/ 1 )
	=	-1155.156	/	( ( 0	+	6184.536 )	/ 1 )
	=	-1155.156	/	6184.536
	=	-18.68 %

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

EKI Energy Services (BOM:543284) 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.

EKI Energy Services ROCE % Related Terms

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EKI Energy Services (BOM:543284) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » EKI Energy Services Ltd (BOM:543284) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

903, B-1 9th Floor, NRK Business Park, Scheme 54 PU4, Indore, MP, IND, 452010

Website

https://www.enkingint.org

EKI Energy Services Ltd is engaged in the business of carbon credits trading, Business excellence advisory services and training services, and Electrical Safety Audits. The company offer services to various clients in the government and private sectors like power generation, waste management, clean development mechanism, airports and many more industries. The company has two reportable segments which are Trading & Other Segment: where the carbon credits are purchased from various vendors and are sold to customers as well as manufacturing and allied activities are undertaken and Generation Segment: where the carbon credits are issued from the projects implemented, developed and owned by the company.

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