Gyan Developers & Builders (BOM:530141) ROCE % : -2.50% (As of Mar. 2024)

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What is Gyan Developers & Builders 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. Gyan Developers & Builders's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.50%.

Gyan Developers & Builders ROCE % Historical Data

The historical data trend for Gyan Developers & Builders'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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Gyan Developers & Builders ROCE % Chart

Gyan Developers & Builders Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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1.89

-1.91

-4.09

-5.75

3.46

Gyan Developers & Builders 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															-6.23	-3.24	23.75	-2.26	-2.50

Gyan Developers & Builders ROCE % Calculation

Gyan Developers & Builders'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 )
	=	1.283	/	( ( (41.833 - 5.234)	+	(39.025 - 1.37) )	/ 2 )
	=	1.283	/	( (36.599	+	37.655)	/ 2 )
	=	1.283	/	37.127
	=	3.46 %

Gyan Developers & Builders'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 )
	=	-0.94	/	( ( (0 - 0)	+	(39.025 - 1.37) )	/ 1 )
	=	-0.94	/	( ( 0	+	37.655 )	/ 1 )
	=	-0.94	/	37.655
	=	-2.50 %

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

Gyan Developers & Builders (BOM:530141) 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.

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Gyan Developers & Builders (BOM:530141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gyan Developers & Builders Ltd (BOM:530141) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hanumantha Rao Street, North Usman Road, Gyan Kiran, Door No.6, T-Nagar, Chennai, TN, IND, 600017

Website

http://www.gyandeveloper.com

Gyan Developers & Builders Ltd is engaged in real estate business activities. It operates in a single segment that is buying and selling vacant land. The company generates revenue in the form of an increase in land development cost, service charges & sale of land.

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