Nicco Parks & Resorts (BOM:526721) ROCE % : 23.08% (As of Dec. 2024)

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What is Nicco Parks & Resorts 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. Nicco Parks & Resorts's annualized ROCE % for the quarter that ended in Dec. 2024 was 23.08%.

Nicco Parks & Resorts ROCE % Historical Data

The historical data trend for Nicco Parks & Resorts'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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Nicco Parks & Resorts ROCE % Chart

Nicco Parks & Resorts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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15.98

-6.50

10.86

44.96

36.57

Nicco Parks & Resorts Quarterly Data
	Mar20	Jun20	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															24.63	25.58	46.79	16.92	23.08

Nicco Parks & Resorts ROCE % Calculation

Nicco Parks & Resorts'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 )
	=	337.901	/	( ( (985.905 - 161.571)	+	(1221.615 - 198.159) )	/ 2 )
	=	337.901	/	( (824.334	+	1023.456)	/ 2 )
	=	337.901	/	923.895
	=	36.57 %

Nicco Parks & Resorts'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 )
	=	256.036	/	( ( (1324.216 - 214.675)	+	(0 - 0) )	/ 1 )
	=	256.036	/	( ( 1109.541	+	0 )	/ 1 )
	=	256.036	/	1109.541
	=	23.08 %

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

Nicco Parks & Resorts (BOM:526721) 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.

Nicco Parks & Resorts ROCE % Related Terms

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Nicco Parks & Resorts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Nicco Parks & Resorts Ltd (BOM:526721) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jheel Meel, Sector IV, Salt Lake City, Kolkata, WB, IND, 700 106

Website

https://www.niccoparks.com

Nicco Parks & Resorts Ltd is in the business of leisure and entertainment. The company provides interactive, participative, and educative forms of entertainment with its amusement park in Kolkata. Also, it provides technical consultancy, manufacturing, and supplying rides for large amusement parks, both in India and abroad. The company is organized into operating divisions such as Park Operations; Consultancy, Contracts, and Sale of Components for Rides; and Food and Beverages and other recreational facilities. It generates maximum revenue from the Park Operations segment. The company operates predominantly within the geographical limits of India.

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