Sunshine Capital (BOM:539574) ROCE % : 0.98% (As of Dec. 2024)

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What is Sunshine Capital 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. Sunshine Capital's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.98%.

Sunshine Capital ROCE % Historical Data

The historical data trend for Sunshine Capital'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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Sunshine Capital ROCE % Chart

Sunshine Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.97

1.21

-6.78

2.08

-10.74

Sunshine Capital 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															1.41	-24.80	1.04	1.69	0.98

Sunshine Capital ROCE % Calculation

Sunshine Capital'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 )
	=	-470.623	/	( ( (1030.618 - 0.512)	+	(7738.756 - 1.427) )	/ 2 )
	=	-470.623	/	( (1030.106	+	7737.329)	/ 2 )
	=	-470.623	/	4383.7175
	=	-10.74 %

Sunshine Capital'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 )
	=	76.34	/	( ( (7822.685 - 23)	+	(0 - 0) )	/ 1 )
	=	76.34	/	( ( 7799.685	+	0 )	/ 1 )
	=	76.34	/	7799.685
	=	0.98 %

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

Sunshine Capital (BOM:539574) 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.

Sunshine Capital ROCE % Related Terms

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Sunshine Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sunshine Capital Ltd (BOM:539574) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jain Bhawan, Faiz Road, 16/121-122, W.E.A Karol Bagh, New Delhi, IND, 110055

Website

https://www.sunshinecapital.in

Sunshine Capital Ltd is engaged in the trading of shares, financial services, and investment activities. The company operates in one segment namely, Finance Activity. It also focuses on third-party product distributions to originating unsecured personal loans and corporate loans. The service line of the company consists of investment in shares and securities, loans and advances, and dealing in the commodity. The interest on loans generates maximum revenue.

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