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Mukta Arts (BOM:532357) ROCE % : 5.81% (As of Dec. 2024)


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What is Mukta Arts 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. Mukta Arts's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.81%.


Mukta Arts ROCE % Historical Data

The historical data trend for Mukta Arts'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.

Mukta Arts ROCE % Chart

Mukta Arts Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.74 2.13 19.31 -2.60 7.34

Mukta Arts Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 12.41 -7.69 -13.81 -2.84 5.81

Mukta Arts ROCE % Calculation

Mukta Arts'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 )
=85.298/( ( (2428.979 - 1090.699) + (2236.976 - 1249.511) )/ 2 )
=85.298/( (1338.28+987.465)/ 2 )
=85.298/1162.8725
=7.34 %

Mukta Arts's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=55.628/( ( (2223.249 - 1292.768) + (2374.637 - 1391.08) )/ 2 )
=55.628/( ( 930.481 + 983.557 )/ 2 )
=55.628/957.019
=5.81 %

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


Mukta Arts  (BOM:532357) 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.


Mukta Arts ROCE % Related Terms

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Mukta Arts Business Description

Traded in Other Exchanges
Address
3rd Floor, Mukta House, Behind Whistling Woods Institute, Filmcity Complex, Goregaon (East), Mumbai, MH, IND, 400065
Mukta Arts Ltd is primarily engaged in the business of film production, distribution, and exhibition wherein it provides film content to multiplexes and single-screen theatres across India as well as managing or operating theatres. The company also provides production equipment to other production houses and independent producers. It operates in various business segments that include the Software division, Equipment division, Education, Theatrical Exhibition division, and Others. The group caters its services mainly to the domestic market.

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