Escorp Asset Management (BOM:540455) ROCE % : 69.02% (As of Sep. 2023)

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What is Escorp Asset Management 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. Escorp Asset Management's annualized ROCE % for the quarter that ended in Sep. 2023 was 69.02%.

Escorp Asset Management ROCE % Historical Data

The historical data trend for Escorp Asset Management'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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Escorp Asset Management ROCE % Chart

Escorp Asset Management Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-0.51

-0.11

0.09

19.41

4.13

Escorp Asset Management Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															39.25	-2.16	1.33	6.15	69.02

Escorp Asset Management ROCE % Calculation

Escorp Asset Management'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 )
	=	17.054	/	( ( (369.681 - 3.225)	+	(460.586 - 2.049) )	/ 2 )
	=	17.054	/	( (366.456	+	458.537)	/ 2 )
	=	17.054	/	412.4965
	=	4.13 %

Escorp Asset Management'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 )
	=	334.452	/	( ( (460.586 - 2.049)	+	(529.077 - 18.419) )	/ 2 )
	=	334.452	/	( ( 458.537	+	510.658 )	/ 2 )
	=	334.452	/	484.5975
	=	69.02 %

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

Escorp Asset Management (BOM:540455) 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.

Escorp Asset Management ROCE % Related Terms

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Escorp Asset Management (BOM:540455) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Escorp Asset Management Ltd (BOM:540455) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dalal Street, 718- A, P.J. Towers, Fort, Mumbai, MH, IND, 400001

Website

http://www.escorpamc.co.in

Escorp Asset Management Ltd is an Indian-based company that provides financial services. The company offers Portfolio Management Services (Non - Institutional), Personal Finance Advisory, and dealing with Synergical investments. It generates its majority revenue from investment and dividend income.

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