Golden Crest Education & Services (BOM:540062) ROCE % : 3.83% (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Golden Crest Education & Services 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. Golden Crest Education & Services's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.83%.

Golden Crest Education & Services ROCE % Historical Data

The historical data trend for Golden Crest Education & Services'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.

Golden Crest Education & Services ROCE % Chart

Golden Crest Education & Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

0.22

0.36

0.49

0.97

0.84

Golden Crest Education & Services Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															0.46	0.14	0.16	2.60	3.83

Golden Crest Education & Services ROCE % Calculation

Golden Crest Education & Services'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 )
	=	0.893	/	( ( (105.97 - 0.124)	+	(106.762 - 0.259) )	/ 2 )
	=	0.893	/	( (105.846	+	106.503)	/ 2 )
	=	0.893	/	106.1745
	=	0.84 %

Golden Crest Education & Services's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	4.108	/	( ( (106.762 - 0.259)	+	(107.955 - 0.111) )	/ 2 )
	=	4.108	/	( ( 106.503	+	107.844 )	/ 2 )
	=	4.108	/	107.1735
	=	3.83 %

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

Golden Crest Education & Services (BOM:540062) 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.

Golden Crest Education & Services ROCE % Related Terms

Thank you for viewing the detailed overview of Golden Crest Education & Services's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Crest Education & Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Golden Crest Education & Services Ltd (BOM:540062) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

62A, Dr. Meghnad Shah Sarani, 2nd Floor, Room No. 2, Southern Avenue, Kolkata, WB, IND, 700 029

Website

https://www.goldencrest.in

Golden Crest Education & Services Ltd is engaged in providing Consultancy Services, including Operations Advisory, Strategy Advisory, HR Advisory, and Educational Advisory to educational institutes for the establishment, development, and promotion of E-learning, E-Business, Online education, Technical, and Non-Technical Centre and other allied services of education. The company operates mainly in the Indian market. It earns majority of its revenue from Consultancy Services.

Golden Crest Education & Services Headlines

No Headlines