Prabhat Technologies (India) (BOM:540027) ROCE % : -0.38% (As of Dec. 2023)

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What is Prabhat Technologies (India) 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. Prabhat Technologies (India)'s annualized ROCE % for the quarter that ended in Dec. 2023 was -0.38%.

Prabhat Technologies (India) ROCE % Historical Data

The historical data trend for Prabhat Technologies (India)'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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Prabhat Technologies (India) ROCE % Chart

Prabhat Technologies (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-28.27

-248.69

-8.49

-2.62

-2.14

Prabhat Technologies (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.81	-3.49	-0.95	-1.94	-0.38

Prabhat Technologies (India) ROCE % Calculation

Prabhat Technologies (India)'s annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-16.742	/	( ( (849.96 - 60.069)	+	(852.537 - 76.279) )	/ 2 )
	=	-16.742	/	( (789.891	+	776.258)	/ 2 )
	=	-16.742	/	783.0745
	=	-2.14 %

Prabhat Technologies (India)'s ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-2.94	/	( ( (853.906 - 83.859)	+	(0 - 0) )	/ 1 )
	=	-2.94	/	( ( 770.047	+	0 )	/ 1 )
	=	-2.94	/	770.047
	=	-0.38 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Prabhat Technologies (India) (BOM:540027) 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.

Prabhat Technologies (India) ROCE % Related Terms

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Prabhat Technologies (India) (BOM:540027) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Prabhat Technologies (India) Ltd (BOM:540027) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Western Express Highway, Unit No. 402, Western Edge I, Kanakia Spaces, Borivali (East), Mumbai, MH, IND, 400066

Website

http://www.prabhatgroup.net

Prabhat Technologies (India) Ltd is engaged into design, assemble, and customize import and distribution of mobile handsets, wireless dongles / data?cards, data products and mobile / telecom accessories. The company is engaged in EMS, designing, development and distribution of mobile phones & accessories and solar Equipment's. The company sell mobiles and internet data cards and smart phones / tablets, fixed wireless terminal and high?end telecom devices under brand name Xccess & V3 Mobiles. It operates in a single segment, namely Technology & related technique equipment.

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