Sarvottam Finvest (BOM:539124) ROCE % : 2.14% (As of Dec. 2023)

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What is Sarvottam Finvest 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. Sarvottam Finvest's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.14%.

Sarvottam Finvest ROCE % Historical Data

The historical data trend for Sarvottam Finvest'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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Sarvottam Finvest ROCE % Chart

Sarvottam Finvest Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.84

1.09

1.01

0.42

3.02

Sarvottam Finvest Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-26.38	39.68	1.99	2.14	2.14

Sarvottam Finvest ROCE % Calculation

Sarvottam Finvest'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 )
	=	7.734	/	( ( (262.996 - 0.028)	+	(250.194 - 1.312) )	/ 2 )
	=	7.734	/	( (262.968	+	248.882)	/ 2 )
	=	7.734	/	255.925
	=	3.02 %

Sarvottam Finvest's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	5.376	/	( ( (252.45 - 1.106)	+	(0 - 0) )	/ 1 )
	=	5.376	/	( ( 251.344	+	0 )	/ 1 )
	=	5.376	/	251.344
	=	2.14 %

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

Sarvottam Finvest (BOM:539124) 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.

Sarvottam Finvest ROCE % Related Terms

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Sarvottam Finvest (BOM:539124) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sarvottam Finvest Ltd (BOM:539124) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Bentinck Street, 2nd Floor, Kolkata, WB, IND, 700001

Website

http://www.sarvottamfinvest.in

Sarvottam Finvest Ltd is an Indian-based non-banking financial company. Its business is to make both long-term and short-term investments in quoted as well as unquoted shares. The company also gives short-term and long-term loans to its borrowers. It earns revenue through interest on loans given to the borrowers, dividends on investments, and revenue by purchase and sale of shares and securities. It is primarily engaged in only one segment which is Financing and all of the Operations are in India.

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