Moongipa Capital Finance (BOM:530167) ROCE % : 28.20% (As of Sep. 2024)

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What is Moongipa Capital Finance 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. Moongipa Capital Finance's annualized ROCE % for the quarter that ended in Sep. 2024 was 28.20%.

Moongipa Capital Finance ROCE % Historical Data

The historical data trend for Moongipa Capital Finance'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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Moongipa Capital Finance ROCE % Chart

Moongipa Capital Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-16.09

-4.72

56.61

-38.79

34.86

Moongipa Capital Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															41.47	44.91	12.98	76.19	28.20

Moongipa Capital Finance ROCE % Calculation

Moongipa Capital Finance'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 )
	=	19.503	/	( ( (48.385 - 1.679)	+	(65.978 - 0.775) )	/ 2 )
	=	19.503	/	( (46.706	+	65.203)	/ 2 )
	=	19.503	/	55.9545
	=	34.86 %

Moongipa Capital Finance's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	23.744	/	( ( (0 - 0)	+	(85.377 - 1.18) )	/ 1 )
	=	23.744	/	( ( 0	+	84.197 )	/ 1 )
	=	23.744	/	84.197
	=	28.20 %

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

Moongipa Capital Finance (BOM:530167) 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.

Moongipa Capital Finance ROCE % Related Terms

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Moongipa Capital Finance Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Moongipa Capital Finance Ltd (BOM:530167) » Definitions » ROCE %

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Address

18/14, W. E. A., Pusa Lane, Karol Bagh, New Delhi, IND, 110005

Website

https://www.mongipa.com

Moongipa Capital Finance Ltd is an India-based finance company. Principally, the company is engaged in the business of financial activities and provides consumer loans and micro-finance to its clients.

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