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Inter Globe Finance (BOM:511391) ROCE % : 2.88% (As of Sep. 2024)


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What is Inter Globe Finance 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. Inter Globe Finance's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.88%.


Inter Globe Finance ROCE % Historical Data

The historical data trend for Inter Globe Finance'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.

Inter Globe Finance ROCE % Chart

Inter Globe Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.36 -0.12 -0.83 2.74 12.83

Inter Globe Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.91 4.65 30.78 9.94 2.88

Inter Globe Finance ROCE % Calculation

Inter Globe Finance'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 )
=119.804/( ( (1062.399 - 172.479) + (1224.906 - 247.024) )/ 2 )
=119.804/( (889.92+977.882)/ 2 )
=119.804/933.901
=12.83 %

Inter Globe Finance's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=40.508/( ( (0 - 0) + (1446.697 - 42.195) )/ 1 )
=40.508/( ( 0 + 1404.502 )/ 1 )
=40.508/1404.502
=2.88 %

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


Inter Globe Finance  (BOM:511391) 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.


Inter Globe Finance ROCE % Related Terms

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Inter Globe Finance Business Description

Traded in Other Exchanges
N/A
Address
6B, Bentinck Street, 1st Floor, Aloka House, Kolkata, WB, IND, 700001
Inter Globe Finance Ltd is a non-banking financial company. It is engaged in finance management and advisory services. It offers micro, small, and medium enterprise/small and medium enterprise finance; loan syndication; project finance; working capital, business, and two-wheeler loans; ECB/ICDs; IPO funding; loan against the property; mortgages; loan against shares; and construction, infrastructure, medical, IT, equipment finance. Principal activities of the company include Other financial service activities, except in insurance and pension funding activities.

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