Mafia Trends (BOM:543613) ROCE % : 10.70% (As of Mar. 2023)

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What is Mafia Trends 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. Mafia Trends's annualized ROCE % for the quarter that ended in Mar. 2023 was 10.70%.

Mafia Trends ROCE % Historical Data

The historical data trend for Mafia Trends'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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Mafia Trends ROCE % Chart

Mafia Trends Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

15.61

20.19

41.79

10.70

Mafia Trends Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
ROCE %	15.61	20.19	41.79	10.70

Mafia Trends ROCE % Calculation

Mafia Trends'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 )
	=	5.847	/	( ( (106.272 - 70.05)	+	(139.781 - 66.698) )	/ 2 )
	=	5.847	/	( (36.222	+	73.083)	/ 2 )
	=	5.847	/	54.6525
	=	10.70 %

Mafia Trends'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: Mar. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	5.847	/	( ( (106.272 - 70.05)	+	(139.781 - 66.698) )	/ 2 )
	=	5.847	/	( ( 36.222	+	73.083 )	/ 2 )
	=	5.847	/	54.6525
	=	10.70 %

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

Mafia Trends (BOM:543613) 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.

Mafia Trends ROCE % Related Terms

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Mafia Trends (BOM:543613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mafia Trends Ltd (BOM:543613) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sandesh Press Road, 1, Prabhu Kutir Complex, Vastrapur, Ahmedabad, GJ, IND, 380 015

Website

http://www.mafiastores.com

Mafia Trends Ltd is engaged in the business of marketing and selling Men's fashion which includes apparel such as Jeans, Tshirts, Shirts, Chinos, Formal trousers and Formal shirts. The Company is engaged solely into the business of trading of apparels and readymade garments which is their only reportable segment.

Mafia Trends (BOM:543613) Headlines

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