Roshni Capital (TSXV:ROSH.P) ROCE % : -4.88% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Roshni Capital 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. Roshni Capital's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.88%.

Roshni Capital ROCE % Historical Data

The historical data trend for Roshni Capital'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.

* Premium members only.

Roshni Capital ROCE % Chart

Roshni Capital Annual Data

Trend

Dec21

Dec22

ROCE %

-10.25

Roshni Capital Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial					-20.60	-3.70	-11.29	-1.91	-4.88

Roshni Capital ROCE % Calculation

Roshni Capital's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.047	/	( ( (0.566 - 0.084)	+	(0.46 - 0.025) )	/ 2 )
	=	-0.047	/	( (0.482	+	0.435)	/ 2 )
	=	-0.047	/	0.4585
	=	-10.25 %

Roshni Capital's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-0.02	/	( ( (0.427 - 0.007)	+	(0.426 - 0.027) )	/ 2 )
	=	-0.02	/	( ( 0.42	+	0.399 )	/ 2 )
	=	-0.02	/	0.4095
	=	-4.88 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Roshni Capital (TSXV:ROSH.P) 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.

Roshni Capital ROCE % Related Terms

Thank you for viewing the detailed overview of Roshni Capital's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Roshni Capital (TSXV:ROSH.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Roshni Capital Inc (TSXV:ROSH.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2185 Rosemount Crescent, Oakville, CAN, L6M 3P4

Website

Roshni Capital Inc is a capital pool company.

Roshni Capital (TSXV:ROSH.P) Headlines

No Headlines