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.

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Mukta Arts ROCE % Chart

Mukta Arts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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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															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.

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

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MUKTAARTS:India

Address

3rd Floor, Mukta House, Behind Whistling Woods Institute, Filmcity Complex, Goregaon (East), Mumbai, MH, IND, 400065

Website

http://www.muktaarts.com

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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