Prismx Global Ventures (BOM:501314) ROCE % : -1.13% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Prismx Global Ventures 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. Prismx Global Ventures's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.13%.

Prismx Global Ventures ROCE % Historical Data

The historical data trend for Prismx Global Ventures'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.

Prismx Global Ventures ROCE % Chart

Prismx Global Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

3.16

3.58

1.37

6.43

-14.86

Prismx Global Ventures Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.01	4.88	-74.35	7.08	-1.13

Prismx Global Ventures ROCE % Calculation

Prismx Global Ventures's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-157.858	/	( ( (1164.839 - 25.417)	+	(998.128 - 12.894) )	/ 2 )
	=	-157.858	/	( (1139.422	+	985.234)	/ 2 )
	=	-157.858	/	1062.328
	=	-14.86 %

Prismx Global Ventures'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-11.096	/	( ( (0 - 0)	+	(998.128 - 12.894) )	/ 1 )
	=	-11.096	/	( ( 0	+	985.234 )	/ 1 )
	=	-11.096	/	985.234
	=	-1.13 %

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

Prismx Global Ventures (BOM:501314) 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.

Prismx Global Ventures ROCE % Related Terms

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

Prismx Global Ventures (BOM:501314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Prismx Global Ventures Ltd (BOM:501314) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tejpal Scheme Road No. 3, 2nd Floor, Purva Building, Vile Parle (East), Mumbai, MH, IND, 400057

Website

https://www.gromotrade.com

Prismx Global Ventures Ltd is an Indian-based company that provides consultancy and advisory services in the field of management, IT, technical, industrial, personnel and labour, legal and taxation, financial, commercial and investment, capital market, consulting engineers, operational research consultants, computer service, and marketing services. The company operates in three reportable segments which include Trading in Commodities, Finance and Activities in Sports and Entertainment. The majority of the company's revenue is generated from the sale of commodities.

Prismx Global Ventures (BOM:501314) Headlines

No Headlines