KJMC Financial Services (BOM:530235) ROCE % : 2.54% (As of Sep. 2024)

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What is KJMC Financial Services 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. KJMC Financial Services's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.54%.

KJMC Financial Services ROCE % Historical Data

The historical data trend for KJMC Financial Services'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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KJMC Financial Services ROCE % Chart

KJMC Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.03

-1.93

0.91

0.10

1.73

KJMC Financial Services 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															2.73	1.41	1.22	2.29	2.54

KJMC Financial Services ROCE % Calculation

KJMC Financial Services'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 )
	=	21.167	/	( ( (971.717 - 8.611)	+	(1488.876 - 9.535) )	/ 2 )
	=	21.167	/	( (963.106	+	1479.341)	/ 2 )
	=	21.167	/	1221.2235
	=	1.73 %

KJMC Financial Services'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 )
	=	53.436	/	( ( (0 - 0)	+	(2104.654 - 1.145) )	/ 1 )
	=	53.436	/	( ( 0	+	2103.509 )	/ 1 )
	=	53.436	/	2103.509
	=	2.54 %

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

KJMC Financial Services (BOM:530235) 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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KJMC Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » KJMC Financial Services Ltd (BOM:530235) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

162, Atlanta, 16th Floor, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.kjmcfinserv.com

KJMC Financial Services Ltd is a non-banking finance company. It offers fund based lending solution including Need based short term loans to corporates and individuals, Co-lending / Loan Transfers. The company is also an active investor in listed and unlisted securities. The investments include investments in pre IPO shares and start-ups.

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