GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Money Masters Leasing & Finance Ltd (BOM:535910) » Definitions » ROCE %

Money Masters Leasing & Finance (BOM:535910) ROCE % : 3.43% (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Money Masters Leasing & Finance 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. Money Masters Leasing & Finance's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.43%.


Money Masters Leasing & Finance ROCE % Historical Data

The historical data trend for Money Masters Leasing & Finance'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.

Money Masters Leasing & Finance ROCE % Chart

Money Masters Leasing & Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.97 5.86 5.54 5.84 4.95

Money Masters Leasing & Finance Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.92 0.70 13.54 2.26 3.43

Money Masters Leasing & Finance ROCE % Calculation

Money Masters Leasing & Finance'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 )
=13.442/( ( (268.441 - 9.615) + (294.27 - 9.856) )/ 2 )
=13.442/( (258.826+284.414)/ 2 )
=13.442/271.62
=4.95 %

Money Masters Leasing & Finance'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 )
=9.856/( ( (0 - 0) + (296.823 - 9.156) )/ 1 )
=9.856/( ( 0 + 287.667 )/ 1 )
=9.856/287.667
=3.43 %

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

* 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.


Money Masters Leasing & Finance  (BOM:535910) 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.


Money Masters Leasing & Finance ROCE % Related Terms

Thank you for viewing the detailed overview of Money Masters Leasing & Finance's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Money Masters Leasing & Finance Business Description

Traded in Other Exchanges
N/A
Address
TPS VI, 1st Road, 4, Akash Deep, Milan Subway, Ground Floor, Santacruz (West), Mumbai, MH, IND, 400054
Money Masters Leasing & Finance Ltd is engaged in asset financing and leasing. The company is mainly engaged in Hire Purchase activity. The company operates in one segment which is Leasing and Finance. The Company has a lending portfolio across retail, SMEs, and commercial customers in urban and rural India. The company accepts public and corporate deposits and offers a variety of financial services products to its customers.

Money Masters Leasing & Finance Headlines

No Headlines