Prism Finance (BOM:531735) ROCE % : 45.66% (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Prism 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. Prism Finance's annualized ROCE % for the quarter that ended in Dec. 2023 was 45.66%.

Prism Finance ROCE % Historical Data

The historical data trend for Prism 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.

* Premium members only.

Prism Finance ROCE % Chart

Prism Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-3.28

-13.59

33.79

71.30

-19.15

Prism Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															22.55	-85.80	49.90	53.61	45.66

Prism Finance ROCE % Calculation

Prism Finance's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-38.595	/	( ( (233.097 - 12.925)	+	(183.699 - 0.818) )	/ 2 )
	=	-38.595	/	( (220.172	+	182.881)	/ 2 )
	=	-38.595	/	201.5265
	=	-19.15 %

Prism Finance's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	110.06	/	( ( (241.05 - 0.004)	+	(0 - 0) )	/ 1 )
	=	110.06	/	( ( 241.046	+	0 )	/ 1 )
	=	110.06	/	241.046
	=	45.66 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Prism Finance (BOM:531735) 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.

Prism Finance ROCE % Related Terms

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

Prism Finance (BOM:531735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Prism Finance Ltd (BOM:531735) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Satellite Road, 301, Iscon Mall, Above Star India Bazar, Ahmedabad, GJ, IND, 380 015

Website

http://www.prismfinance.in

Prism Finance Ltd is an Indian Non-Banking Financial Company that is engaged in the business of financial services. It provides loans, advances, leases, bill discounting, higher purchases, and another form of finance. The company also makes an investment in shares and securities, trading as well as dealing in shares and securities. The company conducts all of its operations within India.

Prism Finance (BOM:531735) Headlines

No Headlines