Indo Thai Securities (BOM:533676) ROCE % : 18.80% (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Indo Thai Securities 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. Indo Thai Securities's annualized ROCE % for the quarter that ended in Mar. 2024 was 18.80%.

Indo Thai Securities ROCE % Historical Data

The historical data trend for Indo Thai Securities'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.

* Premium members only.

Indo Thai Securities ROCE % Chart

Indo Thai Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-24.00

33.73

19.96

-13.73

28.21

Indo Thai Securities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-65.07	28.10	30.96	35.38	18.80

Indo Thai Securities ROCE % Calculation

Indo Thai Securities'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 )
	=	205.419	/	( ( (1071.181 - 451.127)	+	(1215.175 - 378.762) )	/ 2 )
	=	205.419	/	( (620.054	+	836.413)	/ 2 )
	=	205.419	/	728.2335
	=	28.21 %

Indo Thai Securities'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 )
	=	157.216	/	( ( (0 - 0)	+	(1215.175 - 378.762) )	/ 1 )
	=	157.216	/	( ( 0	+	836.413 )	/ 1 )
	=	157.216	/	836.413
	=	18.80 %

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

Indo Thai Securities (BOM:533676) 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.

Indo Thai Securities ROCE % Related Terms

Thank you for viewing the detailed overview of Indo Thai Securities's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Indo Thai Securities (BOM:533676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Indo Thai Securities Ltd (BOM:533676) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

INDOTHAI:India

Address

Plot Nos. 169A-171, PU-4, Scheme No. 54, Capital Tower, 2nd Floor, Behind C-21 Mall, Indore, MP, IND, 452010

Website

https://www.indothai.co.in

Indo Thai Securities Ltd carries on the business as a stock and share broker. The company's operating segments include Equities, Brokerage and related activities, and Real estate. It generates maximum revenue from the Equities, Brokerage, and Related segments. The company's product includes Equity and Derivative Trading; Commodities Derivative Trading; Currency Derivative Trading; Depository Services and Initial Public Offering. It derives a majority of its revenue from the sale of shares.

Indo Thai Securities (BOM:533676) Headlines

No Headlines