Parsoli (BOM:530071) ROCE % : 0.00% (As of Jun. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Parsoli 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. Parsoli's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

Parsoli ROCE % Historical Data

The historical data trend for Parsoli'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.

Parsoli ROCE % Chart

Parsoli Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Parsoli Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial										-	-	-	-	-

Parsoli ROCE % Calculation

Parsoli'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 )
	=	-9.389	/	( ( (34.576 - 52.422)	+	(35.052 - 59.255) )	/ 2 )
	=	-9.389	/	( (-17.846	+	-24.203)	/ 2 )
	=	-9.389	/	-21.0245
	=	44.66 %

Parsoli's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-8.888	/	( ( (35.052 - 59.255)	+	(0 - 0) )	/ 1 )
	=	-8.888	/	( ( -24.203	+	0 )	/ 1 )
	=	-8.888	/	-24.203
	=	0 %

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

Parsoli (BOM:530071) 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.

Parsoli ROCE % Related Terms

Thank you for viewing the detailed overview of Parsoli's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Parsoli (BOM:530071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Parsoli Corp Ltd (BOM:530071) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Mahalaxmi Five Road, B/6-8 4th Floor, Shalimar Complex, Paldi, Ahmedabad, GJ, IND, 380007

Website

https://www.parsoli.com

Parsoli Corp Ltd is a retail stock broking & financial services provider. The company is engaged in providing services like broking, depository, institutional equity, and commodity trading. The company operates in one segment only which is Dealing in shares and securities. It generates key revenue from Sales of Shares.

Parsoli (BOM:530071) Headlines

No Headlines