H S India (BOM:532145) ROCE % : 4.26% (As of Jun. 2024)

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What is H S India 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. H S India's annualized ROCE % for the quarter that ended in Jun. 2024 was 4.26%.

H S India ROCE % Historical Data

The historical data trend for H S India'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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H S India ROCE % Chart

H S India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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6.83

0.45

6.35

6.63

7.49

H S India Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															1.21	10.94	10.34	7.75	4.26

H S India ROCE % Calculation

H S India's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	34.522	/	( ( (520.746 - 50.637)	+	(518.47 - 66.293) )	/ 2 )
	=	34.522	/	( (470.109	+	452.177)	/ 2 )
	=	34.522	/	461.143
	=	7.49 %

H S India's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	19.26	/	( ( (518.47 - 66.293)	+	(0 - 0) )	/ 1 )
	=	19.26	/	( ( 452.177	+	0 )	/ 1 )
	=	19.26	/	452.177
	=	4.26 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

H S India (BOM:532145) 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.

H S India ROCE % Related Terms

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H S India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » H S India Ltd (BOM:532145) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Off New Link Road, Unit No. 202, Morya Blue Moon, Andheri (West), Mumbai, MH, IND, 400053

Website

http://www.hsindia.in

H S India Ltd is an India based company operating in the hotel industry. It owns a three-star hotel in the name of Lords Plaza in Surat. It provides facilities conference room, liquor shop, health club, health spa, and multi-cuisine restaurant facilities. The company is engaged in only one segment of the Hotel Business.

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