Dhanada (BOM:531198) ROCE % : 0.00% (As of Sep. 2022)

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What is Dhanada 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. Dhanada's annualized ROCE % for the quarter that ended in Sep. 2022 was 0.00%.

Dhanada ROCE % Historical Data

The historical data trend for Dhanada'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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Dhanada ROCE % Chart

Dhanada Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

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-1.91

8.80

1.64

-20.37

-53.52

Dhanada Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial															-100.70	53.44	-	-	-

Dhanada ROCE % Calculation

Dhanada's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	-15.054	/	( ( (376.747 - 317.733)	+	(361.116 - 363.879) )	/ 2 )
	=	-15.054	/	( (59.014	+	-2.763)	/ 2 )
	=	-15.054	/	28.1255
	=	-53.52 %

Dhanada's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	6.124	/	( ( (0 - 0)	+	(370.617 - 398.602) )	/ 1 )
	=	6.124	/	( ( 0	+	-27.985 )	/ 1 )
	=	6.124	/	-27.985
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Dhanada (BOM:531198) 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.

Dhanada ROCE % Related Terms

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Dhanada (BOM:531198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Dhanada Corp Ltd (BOM:531198) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5B/14, Laxminarayan Nagar, S. No. 11/12, Part Erandawane, Pune, MH, IND, 411004

Website

http://www.dhanadacorp.com

Dhanada Corp Ltd is in the business of hospitality and hotel industries. Principally, it is engaged in the services of short-term accommodation and food and beverages. The company's single segment includes Hospitality. It operates VITS Aurangabad, a five-star hotel with over 100 guest rooms located in Aurangabad, central Maharashtra, India. It also provides training and e-learning services to undergraduates and postgraduates in the field of finance, marketing, human resource, operation and other critical verticals.

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