Unistar Multimedia (BOM:532035) ROCE % : 2.73% (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Unistar Multimedia 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. Unistar Multimedia's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.73%.

Unistar Multimedia ROCE % Historical Data

The historical data trend for Unistar Multimedia'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.

Unistar Multimedia ROCE % Chart

Unistar Multimedia Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-0.06

-0.37

-134.44

11.87

5.39

Unistar Multimedia 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															55.09	-66.78	138.39	6.01	2.73

Unistar Multimedia ROCE % Calculation

Unistar Multimedia'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 )
	=	5.575	/	( ( (111.856 - 12.106)	+	(500249.007 - 500141.792) )	/ 2 )
	=	5.575	/	( (99.75	+	107.21499999997)	/ 2 )
	=	5.575	/	103.48249999998
	=	5.39 %

Unistar Multimedia'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 )
	=	27.448	/	( ( (1031.469 - 24.742)	+	(0 - 0) )	/ 1 )
	=	27.448	/	( ( 1006.727	+	0 )	/ 1 )
	=	27.448	/	1006.727
	=	2.73 %

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

Unistar Multimedia (BOM:532035) 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.

Unistar Multimedia ROCE % Related Terms

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

Unistar Multimedia (BOM:532035) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Unistar Multimedia Ltd (BOM:532035) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

SH 187, Powai Plaza MTRII CST N S Hiranandani, Business Park Powai, Mumbai, MH, IND, 400076

Website

https://www.unistarmulti.com

Unistar Multimedia Ltd is a media and entertainment company. The company is in the business of providing quality content to various TV channels and preparing TV serials, own music albums, making films, event management etc. It generates majority of the revenue within India.

Unistar Multimedia (BOM:532035) Headlines

No Headlines