West Leisure Resorts (BOM:538382) ROCE % : -9.57% (As of Mar. 2024)

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What is West Leisure Resorts 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. West Leisure Resorts's annualized ROCE % for the quarter that ended in Mar. 2024 was -9.57%.

West Leisure Resorts ROCE % Historical Data

The historical data trend for West Leisure Resorts'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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West Leisure Resorts ROCE % Chart

West Leisure Resorts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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1.73

0.82

-1.62

0.27

-1.68

West Leisure Resorts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-1.05	-1.88	-0.60	0.97	-9.57

West Leisure Resorts ROCE % Calculation

West Leisure Resorts'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 )
	=	-3.321	/	( ( (194.683 - 0.389)	+	(200.028 - 0) )	/ 2 )
	=	-3.321	/	( (194.294	+	200.028)	/ 2 )
	=	-3.321	/	197.161
	=	-1.68 %

West Leisure Resorts'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 )
	=	-19.136	/	( ( (0 - 0)	+	(200.028 - 0) )	/ 1 )
	=	-19.136	/	( ( 0	+	200.028 )	/ 1 )
	=	-19.136	/	200.028
	=	-9.57 %

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

West Leisure Resorts (BOM:538382) 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.

West Leisure Resorts ROCE % Related Terms

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West Leisure Resorts (BOM:538382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » West Leisure Resorts Ltd (BOM:538382) » Definitions » ROCE %

Comparable Companies

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Address

Metro Junction Mall of West Pioneer Properties (India) Pvt. Ltd, Mall Office, 2nd Floor, Netiwali, Kalyan East, Thane, MH, IND, 421306

Website

http://www.westleisureresort.co.in

West Leisure Resorts Ltd is an Indian firm engaged in the business of Investing and trading activities. It operates in two segments consisting of Financial Activities and Provision of Services. The majority of the revenue accrues from the Financial business segment of the firm. Geographically, it operates only in India.

West Leisure Resorts (BOM:538382) Headlines

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