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Rose Mercantile (BOM:512115) ROCE % : 7.70% (As of Dec. 2024)


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What is Rose Mercantile 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. Rose Mercantile's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.70%.


Rose Mercantile ROCE % Historical Data

The historical data trend for Rose 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.

* Premium members only.

Rose Mercantile ROCE % Chart

Rose Mercantile Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only 4.46 4.64 -5.67 -3.74 2.63

Rose Mercantile Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -12.12 28.99 -7.13 0.75 7.70

Rose Mercantile ROCE % Calculation

Rose Mercantile'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 )
=3.766/( ( (57.043 - 0.322) + (239.39 - 9.536) )/ 2 )
=3.766/( (56.721+229.854)/ 2 )
=3.766/143.2875
=2.63 %

Rose Mercantile's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=17.232/( ( (225.852 - 2.125) + (0 - 0) )/ 1 )
=17.232/( ( 223.727 + 0 )/ 1 )
=17.232/223.727
=7.70 %

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


Rose Mercantile  (BOM:512115) 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.


Rose Mercantile ROCE % Related Terms

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Rose Mercantile Business Description

Traded in Other Exchanges
N/A
Address
Office No.15,B/4, Ground Floor, New Sion CHS SIES College, Behind D Mart, Sion West, Mumbai, MH, IND, 400022
Rose Mercantile Ltd is engaged in the trading of precious elements such as gemstones, gold, silver, rudhraksha, and more. The products and services of the company use Vedic, Astrological, and Occult Sciences and provide Spiritual services.

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