Advik Capital (BOM:539773) ROCE % : 9.81% (As of Dec. 2024)

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What is Advik 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. Advik Capital's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.81%.

Advik Capital ROCE % Historical Data

The historical data trend for Advik 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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Advik Capital ROCE % Chart

Advik Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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1.91

0.68

4.35

20.97

6.58

Advik 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															2.70	14.17	6.24	0.29	9.81

Advik Capital ROCE % Calculation

Advik 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 )
	=	95.97	/	( ( (1425.633 - 335.141)	+	(2041.831 - 216.631) )	/ 2 )
	=	95.97	/	( (1090.492	+	1825.2)	/ 2 )
	=	95.97	/	1457.846
	=	6.58 %

Advik 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 )
	=	231.972	/	( ( (2418.572 - 53.447)	+	(0 - 0) )	/ 1 )
	=	231.972	/	( ( 2365.125	+	0 )	/ 1 )
	=	231.972	/	2365.125
	=	9.81 %

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

Advik Capital (BOM:539773) 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.

Advik Capital ROCE % Related Terms

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Advik Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Advik Capital Ltd (BOM:539773) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-3, Vikas House, 34/1, East Punjabi Bagh, New Delhi, IND, 110026

Website

http://www.advikcapital.com

Advik Capital Ltd is a non-banking finance company (NBFC). The company is carrying on the business of investing funds, assisting the financial accommodation by way of loans/advances to industrial concerns, and undertaking the business of leasing and financing lease operations of all kinds, purchasing, selling, and hiring of plant and machinery. The company operates in two reportable segments: Financing and Trade in securities. The company derives its majority of revenues from financing activities. It operates only in India.

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