Vivid Mercantile (BOM:542046) ROCE %

: 0.00% (As of Dec. 2023)

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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. Vivid Mercantile's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Vivid Mercantile ROCE % Historical Data

The historical data trend for Vivid Mercantile'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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Vivid Mercantile Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

-2.19

2.39

-0.14

-0.06

-1.77

Vivid Mercantile Quarterly Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %																4.69	5.13	-23.16	6.21	-

Vivid Mercantile ROCE % Calculation

Vivid Mercantile'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 )
	=	-4.848	/	( ( (264.338 - 12.276)	+	(335.029 - 39.598) )	/ 2 )
	=	-4.848	/	( (252.062	+	295.431)	/ 2 )
	=	-4.848	/	273.7465
	=	-1.77 %

Vivid Mercantile'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	64.024	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	64.024	/	( ( 0	+	0 )	/ 1 )
	=	64.024	/	0
	=	0 %

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

Vivid Mercantile (BOM:542046) 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.

Vivid Mercantile ROCE % Related Terms

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Vivid Mercantile (BOM:542046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vivid Mercantile Ltd (BOM:542046) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Basement Medicare Centre, Behind M. J. Library, Opposite Stock Exchange, Ellisbridge, Ahmedabad, GJ, IND, 380006

Website

http://www.vividmercantile.com

Vivid Mercantile Ltd is engaged in the business of printing, trading of general merchandise, and real estate. The company offers multi-color offset printing services, single color offset printing services, commercial printing services for calendars, catalogs, brochures, posters, and annual reports manuals.

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