Eros International Media (BOM:533261) ROCE % : -122.10% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Eros International Media 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. Eros International Media's annualized ROCE % for the quarter that ended in Mar. 2024 was -122.10%.

Eros International Media ROCE % Historical Data

The historical data trend for Eros International Media'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.

Eros International Media ROCE % Chart

Eros International Media Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-72.25

-5.02

4.04

-3.71

-33.84

Eros International Media Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															3.92	-30.50	13.22	-13.64	-122.10

Eros International Media ROCE % Calculation

Eros International Media'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 )
	=	-3763.3	/	( ( (22595.6 - 9326.8)	+	(17650.3 - 8679.7) )	/ 2 )
	=	-3763.3	/	( (13268.8	+	8970.6)	/ 2 )
	=	-3763.3	/	11119.7
	=	-33.84 %

Eros International Media'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 )
	=	-10953.2	/	( ( (0 - 0)	+	(17650.3 - 8679.7) )	/ 1 )
	=	-10953.2	/	( ( 0	+	8970.6 )	/ 1 )
	=	-10953.2	/	8970.6
	=	-122.10 %

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

Eros International Media (BOM:533261) 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.

Eros International Media ROCE % Related Terms

Thank you for viewing the detailed overview of Eros International Media's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Eros International Media Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Eros International Media Ltd (BOM:533261) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EROSMEDIA:India

Address

Off Andheri Link Road, 201, Kailash Plaza, Plot No A-12, Opp. Laxmi Ind Estate, Andheri (West, Mumbai, MH, IND, 400053

Website

https://www.erosmediaworld.com

Eros International Media Ltd is engaged in the Media and Entertainment Industry. It operates the production, exploitation, and distribution of films in India and internationally. The company distributes film content through various distribution channels which include theatrical, television syndication, and digital and ancillary. Eros licensing deals with television networks in India, such as Star, Sony, Zee, and Colors and it produces and distributes films in languages, including Hindi, Tamil, Telugu, Marathi, Malayalam, Punjabi, and Bengali. The Company has identified three geographic markets: India, UAE and the Rest of the world. The Revenue from operations is derived from the Sale/distribution/exhibition of films and other rights.

Eros International Media Headlines

No Headlines