Indigo Books & Music (Indigo Books & Music) ROCE % : 20.35% (As of Dec. 2023)

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What is Indigo Books & Music 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. Indigo Books & Music's annualized ROCE % for the quarter that ended in Dec. 2023 was 20.35%.

Indigo Books & Music ROCE % Historical Data

The historical data trend for Indigo Books & Music'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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Indigo Books & Music ROCE % Chart

Indigo Books & Music Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-13.54

-15.71

-6.19

5.45

-5.53

Indigo Books & Music 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															37.88	-33.89	-22.93	-17.43	20.35

Indigo Books & Music ROCE % Calculation

Indigo Books & Music'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 )
	=	-18.715	/	( ( (639.31 - 262.001)	+	(539.415 - 239.652) )	/ 2 )
	=	-18.715	/	( (377.309	+	299.763)	/ 2 )
	=	-18.715	/	338.536
	=	-5.53 %

Indigo Books & Music'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 )
	=	51.772	/	( ( (558.9 - 305.923)	+	(549.68 - 293.937) )	/ 2 )
	=	51.772	/	( ( 252.977	+	255.743 )	/ 2 )
	=	51.772	/	254.36
	=	20.35 %

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

Indigo Books & Music (OTCPK:IDGBF) 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.

Indigo Books & Music ROCE % Related Terms

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Indigo Books & Music (Indigo Books & Music) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Indigo Books & Music Inc (OTCPK:IDGBF) » Definitions » ROCE %

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IDG:Canada

Address

620 King Street West, Suite 400, Toronto, ON, CAN, M5V 1M6

Website

https://www.chapters.indigo.ca

Indigo Books & Music Inc is a Canada-based book, gift, and toy retailer. It operates a chain of retail bookstores across all Canada, including approximately 87 superstores under Indigo and Chapters banners names as well as over 80 small format stores under the banners Coles, Indigospirit, SmithBooks, and The Book company. Its digital platforms sell expanded selection of books, gifts, toys, and paper products. It also has interest in Calendar Club of Canada, which operates seasonal kiosks and year-round stores in shopping malls across Canada. The company generates its revenue from Superstores, Small format stores, Online, and Others.

Indigo Books & Music (Indigo Books & Music) Headlines

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Canadian Retailer Indigo Expands Cultural Department Store Concept with First US Flagship

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