GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zicom Electronic Security Systems Ltd (BOM:531404) » Definitions » ROCE %

Zicom Electronic Security Systems (BOM:531404) ROCE % : 0.00% (As of Sep. 2020)


View and export this data going back to 2000. Start your Free Trial

What is Zicom Electronic Security Systems 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. Zicom Electronic Security Systems's annualized ROCE % for the quarter that ended in Sep. 2020 was 0.00%.


Zicom Electronic Security Systems ROCE % Historical Data

The historical data trend for Zicom Electronic Security Systems'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.

Zicom Electronic Security Systems ROCE % Chart

Zicom Electronic Security Systems Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.37 -28.56 -94.19 - -

Zicom Electronic Security Systems Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Zicom Electronic Security Systems ROCE % Calculation

Zicom Electronic Security Systems's annualized ROCE % for the fiscal year that ended in Mar. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2020 )  (A: Mar. 2019 )(A: Mar. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2020 )  (A: Mar. 2019 )(A: Mar. 2020 )
=-1430/( ( (6925.1 - 8958.3) + (2947.8 - 9674.5) )/ 2 )
=-1430/( (-2033.2+-6726.7)/ 2 )
=-1430/-4379.95
=32.65 %

Zicom Electronic Security Systems's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2020 )  (Q: Mar. 2020 )(Q: Sep. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2020 )  (Q: Mar. 2020 )(Q: Sep. 2020 )
=-71.116/( ( (2947.8 - 9674.5) + (2943.763 - 9754.047) )/ 2 )
=-71.116/( ( -6726.7 + -6810.284 )/ 2 )
=-71.116/-6768.492
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

* 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.


Zicom Electronic Security Systems  (BOM:531404) 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.


Zicom Electronic Security Systems ROCE % Related Terms

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


Zicom Electronic Security Systems (BOM:531404) Business Description

Traded in Other Exchanges
N/A
Address
501, Silver Metropolis, Western Express Highway, Goregaon (East), Mumbai, IND, 400063
Zicom Electronic Security Systems Ltd markets and sells electronic security systems and equipment. The company sells, distributes, markets and installs and monitors electronic security systems, gadgets, and equipment and also provides annual maintenance services. Its products portfolio consists of access control systems, CCTV systems, finger print locks, fire alarm systems, intrusion detection systems, and video door phones. Majority of the revenue is derived from the provision of security and safety products and services.

Zicom Electronic Security Systems (BOM:531404) Headlines

No Headlines