My Money Securities (BOM:538862) ROCE % : 11.81% (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is My Money Securities 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. My Money Securities's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.81%.

My Money Securities ROCE % Historical Data

The historical data trend for My Money Securities'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.

My Money Securities ROCE % Chart

My Money Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-14.34

1.07

8.89

1.20

12.60

My Money Securities Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															13.90	9.57	23.93	277.35	11.81

My Money Securities ROCE % Calculation

My Money Securities'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 )
	=	23.509	/	( ( (203.174 - 30.963)	+	(224.283 - 23.37) )	/ 2 )
	=	23.509	/	( (172.211	+	200.913)	/ 2 )
	=	23.509	/	186.562
	=	12.60 %

My Money Securities'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 )
	=	37.152	/	( ( (0 - 0)	+	(373.484 - 58.845) )	/ 1 )
	=	37.152	/	( ( 0	+	314.639 )	/ 1 )
	=	37.152	/	314.639
	=	11.81 %

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

My Money Securities (BOM:538862) 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.

My Money Securities ROCE % Related Terms

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

My Money Securities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » My Money Securities Ltd (BOM:538862) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

10-A, Under Hill Lane, Civil Lines, Delhi, IND, 110054

Website

https://www.mymoneyviews.com

My Money Securities Ltd is an India-based stock broking company. The company is involved in the business of equities and derivatives trading, commodities trading and currencies trading. Its broking business covers the spectrum of participants in the capital markets ranging from FIIs to Domestic institutions, HNIs to mass retail. The principal services offered by the company include broking for equities and depository participant services and syndication.

My Money Securities Headlines

No Headlines