Market Cap : 66.47 M | Enterprise Value : 66.81 M | PE Ratio : At Loss | PB Ratio : |
---|
OTCPK:TRRB has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
OTCPK:TRRB has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. TripBorn's annualized ROCE % for the quarter that ended in Dec. 2020 was 0.00%.
The historical data trend for TripBorn'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.
TripBorn's annualized ROCE % for the fiscal year that ended in Mar. 2020 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Mar. 2020 ) | (A: Mar. 2019 ) | (A: Mar. 2020 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Mar. 2020 ) | (A: Mar. 2019 ) | (A: Mar. 2020 ) | |||||
= | -4.245 | / | ( ( (2.417 - 3.246) | + | (1.025 - 2.571) ) | / 2 ) | |
= | -4.245 | / | ( (-0.829 | + | -1.546) | / 2 ) | |
= | -4.245 | / | -1.1875 | ||||
= | 357.47 % |
TripBorn's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Dec. 2020 ) | (Q: Sep. 2020 ) | (Q: Dec. 2020 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Dec. 2020 ) | (Q: Sep. 2020 ) | (Q: Dec. 2020 ) | |||||
= | -0.084 | / | ( ( (0.85 - 2.562) | + | (0.745 - 2.494) ) | / 2 ) | |
= | -0.084 | / | ( ( -1.712 | + | -1.749 ) | / 2 ) | |
= | -0.084 | / | -1.7305 | ||||
= | 0 % |
(1) Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.
* 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.
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.
Thank you for viewing the detailed overview of TripBorn's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Maxim Partners Llc | 10 percent owner | C/O MAXIM GROUP LLC 99 SUNNYSIDE BLVD. WOODBURY NY 11797 |
Mjr Holdings Llc | 10 percent owner | C/O MAXIM GROUP LLC 99 SUNNYSIDE BLVD. WOODBURY NY 11797 |
From GuruFocus