Amrapali Fincap (BOM:539265) ROCE % : 0.40% (As of Sep. 2023)

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What is Amrapali Fincap 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. Amrapali Fincap's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.40%.

Amrapali Fincap ROCE % Historical Data

The historical data trend for Amrapali Fincap'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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Amrapali Fincap ROCE % Chart

Amrapali Fincap Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.90

1.35

1.48

0.78

0.44

Amrapali Fincap Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial												0.93	0.63	0.28	0.59	0.40

Amrapali Fincap ROCE % Calculation

Amrapali Fincap'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 )
	=	6.485	/	( ( (1483.393 - 1.666)	+	(1488.732 - 1.076) )	/ 2 )
	=	6.485	/	( (1481.727	+	1487.656)	/ 2 )
	=	6.485	/	1484.6915
	=	0.44 %

Amrapali Fincap'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 )
	=	5.902	/	( ( (1488.732 - 1.076)	+	(1491.248 - 1.027) )	/ 2 )
	=	5.902	/	( ( 1487.656	+	1490.221 )	/ 2 )
	=	5.902	/	1488.9385
	=	0.40 %

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

Amrapali Fincap (BOM:539265) 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.

Amrapali Fincap ROCE % Related Terms

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Amrapali Fincap (BOM:539265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Amrapali Fincap Ltd (BOM:539265) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashram Road, 19/20/21, Narayan Chambers, 3rd Floor, Behind Patang Hotel, Ellisbridge, Ahmedabad, GJ, IND, 380009

Website

http://www.amrapali.co.in

Amrapali Fincap Ltd engages in providing loans and advances. It is also engaged in the business of trading in commodity and shares. It mainly trades in shares and securities in future and option. The firm generates revenue through share and commodity trading.

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