Ajwa Fun World & Resort (BOM:526628) ROCE % : 0.00% (As of Mar. 2024)

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What is Ajwa Fun World & Resort 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. Ajwa Fun World & Resort's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Ajwa Fun World & Resort ROCE % Historical Data

The historical data trend for Ajwa Fun World & Resort'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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Ajwa Fun World & Resort ROCE % Chart

Ajwa Fun World & Resort Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-582.67

Ajwa Fun World & Resort 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															-	-	-	-	-

Ajwa Fun World & Resort ROCE % Calculation

Ajwa Fun World & Resort'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 )
	=	3.075	/	( ( (57.449 - 80.453)	+	(66.05 - 87.991) )	/ 2 )
	=	3.075	/	( (-23.004	+	-21.941)	/ 2 )
	=	3.075	/	-22.4725
	=	-13.68 %

Ajwa Fun World & Resort'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 )
	=	1.668	/	( ( (0 - 0)	+	(66.05 - 87.991) )	/ 1 )
	=	1.668	/	( ( 0	+	-21.941 )	/ 1 )
	=	1.668	/	-21.941
	=	0 %

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

Ajwa Fun World & Resort (BOM:526628) 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.

Ajwa Fun World & Resort ROCE % Related Terms

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Ajwa Fun World & Resort (BOM:526628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ajwa Fun World & Resort Ltd (BOM:526628) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Palace Road, A Tower, 1st Floor, Kunj-Resi-cum Plaza, Vadodara, GJ, IND, 390 001

Website

https://www.ajwaworld.com

Ajwa Fun World & Resort Ltd is an India-based company that engages in the Business of the Entertainment sector and amusement services near Vadodara. The company has diversified into infrastructure projects and the Construction of Residential and Commercial Complexes.

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