Safal Securities (BOM:531448) ROCE % : 0.00% (As of Mar. 2020)

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What is Safal Securities 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. Safal Securities's annualized ROCE % for the quarter that ended in Mar. 2020 was 0.00%.

Safal Securities ROCE % Historical Data

The historical data trend for Safal Securities'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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Safal Securities ROCE % Chart

Safal Securities Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

ROCE %

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-50.93

-88.56

Safal Securities Semi-Annual Data
	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20
ROCE %	Get a 7-Day Free Trial							-50.93	-88.56	-	-	-

Safal Securities ROCE % Calculation

Safal Securities'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 )
	=	-0.027	/	( ( (0.013 - 2.008)	+	(0.001 - 2.026) )	/ 2 )
	=	-0.027	/	( (-1.995	+	-2.025)	/ 2 )
	=	-0.027	/	-2.01
	=	1.34 %

Safal Securities's ROCE % of for the quarter that ended in Mar. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2020 )		(Q: Mar. 2019 )		(Q: Mar. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2020 )		(Q: Mar. 2019 )		(Q: Mar. 2020 )
	=	-0.027	/	( ( (0.013 - 2.008)	+	(0.001 - 2.026) )	/ 2 )
	=	-0.027	/	( ( -1.995	+	-2.025 )	/ 2 )
	=	-0.027	/	-2.01
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2020) EBIT data.

Safal Securities (BOM:531448) 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.

Safal Securities ROCE % Related Terms

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Safal Securities (BOM:531448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Safal Securities Ltd (BOM:531448) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

9, Ankur Complex, Behind Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006

Website

http://www.safalsecurities.co.in

Safal Securities Ltd is an Indian based financial service company. The company offers security trading services and related activities.

Safal Securities (BOM:531448) Headlines

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