Zinema Media & Entertainment (BOM:538579) ROCE % : 1.00% (As of Sep. 2024)

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What is Zinema Media & Entertainment 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. Zinema Media & Entertainment's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.00%.

Zinema Media & Entertainment ROCE % Historical Data

The historical data trend for Zinema Media & Entertainment'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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Zinema Media & Entertainment ROCE % Chart

Zinema Media & Entertainment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-4.12

-0.46

-2.37

-1.38

-2.01

Zinema Media & Entertainment Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-0.87	-1.90	3.36	-6.97	1.00

Zinema Media & Entertainment ROCE % Calculation

Zinema Media & Entertainment'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 )
	=	-1.813	/	( ( (93.548 - 8.946)	+	(98.095 - 2.226) )	/ 2 )
	=	-1.813	/	( (84.602	+	95.869)	/ 2 )
	=	-1.813	/	90.2355
	=	-2.01 %

Zinema Media & Entertainment'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0.968	/	( ( (98.095 - 2.226)	+	(99.003 - 0.752) )	/ 2 )
	=	0.968	/	( ( 95.869	+	98.251 )	/ 2 )
	=	0.968	/	97.06
	=	1.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Zinema Media & Entertainment (BOM:538579) 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.

Zinema Media & Entertainment ROCE % Related Terms

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Zinema Media & Entertainment Business Description

Industry

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Address

Pathari Road Thousand Lights, Third Floor , B Block, Work EZ,147, Chennai, TN, IND, 600006

Website

https://www.zinema.co.in

Zinema Media & Entertainment Ltd is a comprehensive film production company that offers a wide range of support services for filmmakers. Its technical infrastructure and team of creative professionals can provide valuable assistance in script development, production, pre and post-production, and distribution and exhibition consultancy. The company has established the technical infrastructure and a team of creative professionals for content production, with a library of Hollywood movies and the capability to import resources for its clients. Through its theatrical distribution solutions, Zinema secures sales for the contents being produced, thereby providing last-mile solutions to filmmakers.

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