Smartlink Holdings (NSE:SMARTLINK) ROCE % : -1.91% (As of Dec. 2023)

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What is Smartlink Holdings 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. Smartlink Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.91%.

Smartlink Holdings ROCE % Historical Data

The historical data trend for Smartlink Holdings'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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Smartlink Holdings ROCE % Chart

Smartlink Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.55

-5.47

5.08

4.02

12.17

Smartlink Holdings 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															46.08	1.80	-1.61	3.29	-1.91

Smartlink Holdings ROCE % Calculation

Smartlink Holdings'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 )
	=	244.67	/	( ( (2088.763 - 236.302)	+	(2616.286 - 446.719) )	/ 2 )
	=	244.67	/	( (1852.461	+	2169.567)	/ 2 )
	=	244.67	/	2011.014
	=	12.17 %

Smartlink Holdings'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 )
	=	-41.768	/	( ( (2536.77 - 354.076)	+	(0 - 0) )	/ 1 )
	=	-41.768	/	( ( 2182.694	+	0 )	/ 1 )
	=	-41.768	/	2182.694
	=	-1.91 %

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

Smartlink Holdings (NSE:SMARTLINK) 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.

Smartlink Holdings ROCE % Related Terms

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Smartlink Holdings (NSE:SMARTLINK) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smartlink Holdings Ltd (NSE:SMARTLINK) » Definitions » ROCE %

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532419:India

Address

Andheri-Kurla Road, Unit No. B-701, B-702 & B-703, Citipoint, J. B. Nagar, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.smartlinkholdings.com

Smartlink Holdings Ltd is a holding company. It is engaged in the marketing of networking products, manufacturing of structured cabling products, and electronics manufacturing. The Company's business activities are mainly related to Investments and Real Estate, which are primarily assessed as a single reportable operating segment. The Company has two business segments which is Investment Earning income through dividends, interest, rentals and gains on Investment in securities and property. Networking is Developing, manufacturing, marketing, distributing and servicing of networking products. It generates maximum revenue from the Networking products segment. Geographically, it derives a majority of revenue from India.

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