Jayatma Enterprises (BOM:539005) ROCE % : 10.81% (As of Mar. 2024)

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

What is Jayatma Enterprises 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. Jayatma Enterprises's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.81%.

Jayatma Enterprises ROCE % Historical Data

The historical data trend for Jayatma Enterprises'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.

Jayatma Enterprises ROCE % Chart

Jayatma Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

5.57

6.58

6.51

5.09

9.57

Jayatma Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															3.44	6.23	6.33	15.09	10.81

Jayatma Enterprises ROCE % Calculation

Jayatma Enterprises'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 )
	=	7.083	/	( ( (73.425 - 2.553)	+	(80.095 - 2.872) )	/ 2 )
	=	7.083	/	( (70.872	+	77.223)	/ 2 )
	=	7.083	/	74.0475
	=	9.57 %

Jayatma Enterprises'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 )
	=	8.348	/	( ( (0 - 0)	+	(80.095 - 2.872) )	/ 1 )
	=	8.348	/	( ( 0	+	77.223 )	/ 1 )
	=	8.348	/	77.223
	=	10.81 %

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

Jayatma Enterprises (BOM:539005) 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.

Jayatma Enterprises ROCE % Related Terms

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

Jayatma Enterprises (BOM:539005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jayatma Enterprises Ltd (BOM:539005) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Naranpura, 2nd Floor, 1, Laxmi Nagar Society, Ahmedabad, GJ, IND, 380013

Website

http://www.jayatmaenterprises.com

Jayatma Enterprises Ltd is an India-based company engaged in warehousing rental activity. The company earns revenue from operations such as Lease and License Fees income, interest and Dividend income, and income from other services. It operates in the warehousing rental services segment. All of the company's revenue is generated within India.

Jayatma Enterprises (BOM:539005) Headlines

No Headlines