POWERGRID Infrastructure Investment Trust (BOM:543290) ROCE % : 0.54% (As of Mar. 2023)

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What is POWERGRID Infrastructure Investment Trust 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. POWERGRID Infrastructure Investment Trust's annualized ROCE % for the quarter that ended in Mar. 2023 was 0.54%.

POWERGRID Infrastructure Investment Trust ROCE % Historical Data

The historical data trend for POWERGRID Infrastructure Investment Trust'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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POWERGRID Infrastructure Investment Trust ROCE % Chart

POWERGRID Infrastructure Investment Trust Annual Data

Trend

Mar18

Mar19

Mar20

Mar22

Mar23

ROCE %

4.25

10.98

14.60

5.92

-5.48

POWERGRID Infrastructure Investment Trust Quarterly Data
	Mar18	Mar19	Mar20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
ROCE %	Get a 7-Day Free Trial							8.79	7.89	-	-	0.54

POWERGRID Infrastructure Investment Trust ROCE % Calculation

POWERGRID Infrastructure Investment Trust'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 )
	=	-5983.07	/	( ( (118541.67 - 272.2)	+	(100432.66 - 306.76) )	/ 2 )
	=	-5983.07	/	( (118269.47	+	100125.9)	/ 2 )
	=	-5983.07	/	109197.685
	=	-5.48 %

POWERGRID Infrastructure Investment Trust's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	545.48	/	( ( (0 - 0)	+	(100432.66 - 306.76) )	/ 1 )
	=	545.48	/	( ( 0	+	100125.9 )	/ 1 )
	=	545.48	/	100125.9
	=	0.54 %

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

POWERGRID Infrastructure Investment Trust (BOM:543290) 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.

POWERGRID Infrastructure Investment Trust ROCE % Related Terms

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POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » POWERGRID Infrastructure Investment Trust (BOM:543290) » Definitions » ROCE %

Traded in Other Exchanges

PGINVIT:India

Address

Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

http://www.pginvit.in

POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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