Crayons Advertising (NSE:CRAYONS) ROCE % : 68.32% (As of Dec. 2022)

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What is Crayons Advertising 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. Crayons Advertising's annualized ROCE % for the quarter that ended in Dec. 2022 was 68.32%.

Crayons Advertising ROCE % Historical Data

The historical data trend for Crayons Advertising'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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Crayons Advertising ROCE % Chart

Crayons Advertising Annual Data

Trend

Mar20

Mar21

Mar22

ROCE %

8.16

3.13

7.68

Crayons Advertising Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22
ROCE %	-	-	-	-	68.32

Crayons Advertising ROCE % Calculation

Crayons Advertising's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	34.289	/	( ( (1066.477 - 597.921)	+	(1272.547 - 848.26) )	/ 2 )
	=	34.289	/	( (468.556	+	424.287)	/ 2 )
	=	34.289	/	446.4215
	=	7.68 %

Crayons Advertising's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	343.748	/	( ( (1315.533 - 843.499)	+	(1299.316 - 765.089) )	/ 2 )
	=	343.748	/	( ( 472.034	+	534.227 )	/ 2 )
	=	343.748	/	503.1305
	=	68.32 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Crayons Advertising (NSE:CRAYONS) 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.

Crayons Advertising ROCE % Related Terms

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Crayons Advertising (NSE:CRAYONS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Crayons Advertising Ltd (NSE:CRAYONS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maa Anandmayee Marg, NSIC Complex, Phase- III, Okhla Industrial Estate, New Delhi, IND, 110020

Website

https://www.thecrayonsnetwork.com

Crayons Advertising Ltd is an Integrated marketing and communications agency. The company is expanding its business horizons with the moving trends across the world, reflecting its growing expertise in the marketing, branding and advertising industry. The company provides Television advertising, Print Advertising, Radio Advertising, Internet/Online Advertising, Mobile Advertising, and Outdoor Advertising.

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