Housing Development & Infrastructure (BOM:532873) ROCE % : 0.00% (As of Mar. 2024)

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What is Housing Development & Infrastructure 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. Housing Development & Infrastructure's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Housing Development & Infrastructure ROCE % Historical Data

The historical data trend for Housing Development & Infrastructure'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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Housing Development & Infrastructure ROCE % Chart

Housing Development & Infrastructure Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.31

-0.10

Housing Development & Infrastructure Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Mar21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Housing Development & Infrastructure ROCE % Calculation

Housing Development & Infrastructure'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 )
	=	-103.165	/	( ( (39632.638 - 62478.71)	+	(39657.798 - 62607.032) )	/ 2 )
	=	-103.165	/	( (-22846.072	+	-22949.234)	/ 2 )
	=	-103.165	/	-22897.653
	=	0.45 %

Housing Development & Infrastructure's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-188.604	/	( ( (0 - 0)	+	(39657.798 - 62607.032) )	/ 1 )
	=	-188.604	/	( ( 0	+	-22949.234 )	/ 1 )
	=	-188.604	/	-22949.234
	=	0 %

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

Housing Development & Infrastructure (BOM:532873) 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.

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Housing Development & Infrastructure (BOM:532873) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Housing Development & Infrastructure Ltd (BOM:532873) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HDIL:India

Address

Anant Kanekar Marg, Station Road, 9-01, HDIL Towers, Bandra (East), Mumbai, MH, IND, 400051

Website

http://www.hdil.in

Housing Development & Infrastructure Ltd is a real estate company. The company is engaged in constructing residential and commercial properties. The company also focuses on slum rehabilitation and building shopping malls.

Housing Development & Infrastructure (BOM:532873) Headlines

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