Som Datt Finance (BOM:511571) ROCE % : 0.00% (As of Dec. 2023)

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What is Som Datt 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. Som Datt Finance's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Som Datt Finance ROCE % Historical Data

The historical data trend for Som Datt 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.

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Som Datt Finance ROCE % Chart

Som Datt Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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1.64

0.17

29.16

22.75

3.51

Som Datt Finance Quarterly Data
	Mar18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															49.31	45.56	-6.92	54.23	-

Som Datt Finance ROCE % Calculation

Som Datt Finance'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 )
	=	8.081	/	( ( (229.151 - 2.554)	+	(235.5 - 1.809) )	/ 2 )
	=	8.081	/	( (226.597	+	233.691)	/ 2 )
	=	8.081	/	230.144
	=	3.51 %

Som Datt Finance'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 )
	=	161.672	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	161.672	/	( ( 0	+	0 )	/ 1 )
	=	161.672	/	0
	=	0 %

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

Som Datt Finance (BOM:511571) 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.

Som Datt Finance ROCE % Related Terms

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Som Datt Finance (BOM:511571) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Som Datt Finance Corp Ltd (BOM:511571) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

516, Suneja Tower-I, District Centre, Janakpuri, Delhi, IND, 110058

Website

https://www.somdattfin.com

Som Datt Finance Corp Ltd is a non-banking finance company. It is engaged in the business of investment and finance in the areas of hedged capital market products and bill discounting and inter-corporate loans. The company's reportable business segment being investing. Geographically, it operates only in India.

Som Datt Finance (BOM:511571) Headlines

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