Creative Eye (BOM:532392) ROCE % : 12.79% (As of Sep. 2024)

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What is Creative Eye 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. Creative Eye's annualized ROCE % for the quarter that ended in Sep. 2024 was 12.79%.

Creative Eye ROCE % Historical Data

The historical data trend for Creative Eye'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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Creative Eye ROCE % Chart

Creative Eye Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-15.70

0.70

-1.28

1.30

-7.98

Creative Eye Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-8.78	-7.98	-6.72	-6.66	12.79

Creative Eye ROCE % Calculation

Creative Eye'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 )
	=	-17.615	/	( ( (300.473 - 69.765)	+	(292.302 - 81.738) )	/ 2 )
	=	-17.615	/	( (230.708	+	210.564)	/ 2 )
	=	-17.615	/	220.636
	=	-7.98 %

Creative Eye's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	26.94	/	( ( (0 - 0)	+	(282.295 - 71.607) )	/ 1 )
	=	26.94	/	( ( 0	+	210.688 )	/ 1 )
	=	26.94	/	210.688
	=	12.79 %

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

Creative Eye (BOM:532392) 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.

Creative Eye ROCE % Related Terms

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Creative Eye Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Creative Eye Ltd (BOM:532392) » Definitions » ROCE %

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CREATIVEYE:India

Address

New Link Road, Kailash Plaza, Plot No.12-A, Opposite Laxmi Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.creativeeye.com

Creative Eye Ltd is a production house engaged in the production of Audio-Visual. The company is engaged in the TV Serials segment. It is also engaged in the marketing of advertisement sales for in-house content, as well as outside-produced programs. It creates advertisement commercials for its clients. The projects include Kahan Gaye Woh Log, Adalat, Aage Aage Dekho Hota Hai Kya, Sansaar, Shree Ganesh, and Others.

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