Inspire Films (NSE:INSPIRE) ROCE % : 42.28% (As of Mar. 2023)

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What is Inspire Films 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. Inspire Films's annualized ROCE % for the quarter that ended in Mar. 2023 was 42.28%.

Inspire Films ROCE % Historical Data

The historical data trend for Inspire Films'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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Inspire Films ROCE % Chart

Inspire Films Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

-2.78

8.06

42.28

Inspire Films Semi-Annual Data
	Mar21	Mar22	Mar23
ROCE %	-2.78	8.06	42.28

Inspire Films ROCE % Calculation

Inspire Films'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 )
	=	64.626	/	( ( (305.387 - 203.642)	+	(415.988 - 211.997) )	/ 2 )
	=	64.626	/	( (101.745	+	203.991)	/ 2 )
	=	64.626	/	152.868
	=	42.28 %

Inspire Films'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 )
	=	64.626	/	( ( (305.387 - 203.642)	+	(415.988 - 211.997) )	/ 2 )
	=	64.626	/	( ( 101.745	+	203.991 )	/ 2 )
	=	64.626	/	152.868
	=	42.28 %

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

Inspire Films (NSE:INSPIRE) 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.

Inspire Films ROCE % Related Terms

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Inspire Films (NSE:INSPIRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Inspire Films Ltd (NSE:INSPIRE) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

111, 1st Floor, Shree Kamdhenu Estate, Chincholi Off Link Road, Bhd Tangent Showroom, Charkop, Malad, Mumbai, MH, IND, 400064

Website

http://www.inspirefilms.in

Inspire Films Ltd is a company is primarily engaged into the business of creation, production, distribution, and exhibition of television and digital content across broadcasting channels, apps and digital platforms as well as content writing, production and sale, purchase of rights. It includes financing the projects, hiring actors and crew members, scouting locations, creating sets, managing the budgets, and overseeing the entire production and post-production process.

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