Sailani Tours N Travels (BOM:543541) ROCE % : 8.82% (As of Sep. 2023)

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What is Sailani Tours N Travels 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. Sailani Tours N Travels's annualized ROCE % for the quarter that ended in Sep. 2023 was 8.82%.

Sailani Tours N Travels ROCE % Historical Data

The historical data trend for Sailani Tours N Travels'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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Sailani Tours N Travels ROCE % Chart

Sailani Tours N Travels Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

9.62

3.08

11.12

13.78

Sailani Tours N Travels Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			-	-	23.52	2.68	8.82

Sailani Tours N Travels ROCE % Calculation

Sailani Tours N Travels'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 )
	=	6.026	/	( ( (66.811 - 49.052)	+	(99.136 - 29.443) )	/ 2 )
	=	6.026	/	( (17.759	+	69.693)	/ 2 )
	=	6.026	/	43.726
	=	13.78 %

Sailani Tours N Travels's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	6.236	/	( ( (99.136 - 29.443)	+	(106.312 - 34.59) )	/ 2 )
	=	6.236	/	( ( 69.693	+	71.722 )	/ 2 )
	=	6.236	/	70.7075
	=	8.82 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Sailani Tours N Travels (BOM:543541) 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.

Sailani Tours N Travels ROCE % Related Terms

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Sailani Tours N Travels (BOM:543541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sailani Tours N Travels Ltd (BOM:543541) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

AD-62, Sector 1, Ground Floor, Salt Lake City, Bhidannagar, Kolkata, WB, IND, 700064

Website

https://www.sailanitours.com

Sailani Tours n Travels Ltd operates as a travel company catering to the overall travel needs of Indian and International travelers in the state of Kolkata. Its business is categorized as Leisure Travel, Corporate Travel, Forex, and Visa Processing. It designs travel packages for both individuals and groups for their domestic and international leisure travel. The company provides end-to-end travel solutions including land, air, and cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, visa, passport and medical insurance assistance, and other destination management services. It also provides travel-related foreign exchange & payment solutions.

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