Garbi Finvest (BOM:539492) ROCE % : 0.25% (As of Dec. 2024)

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What is Garbi Finvest 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. Garbi Finvest's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.25%.

Garbi Finvest ROCE % Historical Data

The historical data trend for Garbi Finvest'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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Garbi Finvest ROCE % Chart

Garbi Finvest Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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2.83

2.81

58.22

8.26

0.06

Garbi Finvest Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-4.04	-1.42	2.45	7.15	0.25

Garbi Finvest ROCE % Calculation

Garbi Finvest'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 )
	=	0.425	/	( ( (755.993 - 8.28)	+	(755.96 - 6.044) )	/ 2 )
	=	0.425	/	( (747.713	+	749.916)	/ 2 )
	=	0.425	/	748.8145
	=	0.06 %

Garbi Finvest's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2.012	/	( ( (804.447 - 1.153)	+	(0 - 0) )	/ 1 )
	=	2.012	/	( ( 803.294	+	0 )	/ 1 )
	=	2.012	/	803.294
	=	0.25 %

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

Garbi Finvest (BOM:539492) 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.

Garbi Finvest ROCE % Related Terms

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Garbi Finvest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Garbi Finvest Ltd (BOM:539492) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Chakala Road, Office Number F114, 1st Floor, Nahar and Seth Industrial Estate, Near P and G Plaza, Andheri (East), Mumbai, MH, IND, 400099

Website

http://www.gptl.in

Garbi Finvest Ltd is an Indian non-banking financial company. The company's main business activities are Investment activities including advancing and financing activities. It generates revenue in the form of interest income.

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