MT Educare (BOM:534312) ROCE % : -24.74% (As of Dec. 2024)

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What is MT Educare 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. MT Educare's annualized ROCE % for the quarter that ended in Dec. 2024 was -24.74%.

MT Educare ROCE % Historical Data

The historical data trend for MT Educare'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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MT Educare ROCE % Chart

MT Educare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-7.23

-2.65

-7.57

-37.50

-17.38

MT Educare 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															-22.39	-58.53	-0.31	-67.79	-24.74

MT Educare ROCE % Calculation

MT Educare'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 )
	=	-150.142	/	( ( (2944.497 - 1733.069)	+	(2907.954 - 2391.474) )	/ 2 )
	=	-150.142	/	( (1211.428	+	516.48)	/ 2 )
	=	-150.142	/	863.954
	=	-17.38 %

MT Educare'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 )
	=	-84.68	/	( ( (2814.566 - 2472.226)	+	(0 - 0) )	/ 1 )
	=	-84.68	/	( ( 342.34	+	0 )	/ 1 )
	=	-84.68	/	342.34
	=	-24.74 %

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

MT Educare (BOM:534312) 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.

MT Educare ROCE % Related Terms

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MT Educare Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » MT Educare Ltd (BOM:534312) » Definitions » ROCE %

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MTEDUCARE:India

Address

L.B.S Cross Road, Pandit Din Dayal Upadhyay Marg, Office No. 220, 2nd Floor, Neptune’s Flying Colors, Mulund (West), Mumbai, MH, IND, 400080

Website

https://www.mteducare.com

MT Educare Ltd provides education support and coaching services under the Mahesh Tutorials brand in India. It engages in the provision of commercial training, coaching, tutorial classes, and activities. The firm offers school courses for secondary and higher education, commerce courses for higher secondary and professional education, and pre-university courses for 11th and 12th standards, JEE Main, JEE Advanced, and medical entrance. It operates under the following brands: Robomate+, Lakshya, Mahesh Tutorials, MT Educare's CPLC, and Mahesh PU College. Its segment includes conducting commercial training, coaching, tutorial classes and activities incidental and ancillary thereon.

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