Trucap Finance (BOM:540268) ROCE % : 0.41% (As of Dec. 2024)

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What is Trucap Finance 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. Trucap Finance's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.41%.

Trucap Finance ROCE % Historical Data

The historical data trend for Trucap Finance'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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Trucap Finance ROCE % Chart

Trucap Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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17.93

2.75

4.00

1.54

3.25

Trucap Finance 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															-2.72	11.17	2.00	2.07	0.41

Trucap Finance ROCE % Calculation

Trucap Finance'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 )
	=	137.891	/	( ( (6712.478 - 2985.691)	+	(9209.967 - 4440.478) )	/ 2 )
	=	137.891	/	( (3726.787	+	4769.489)	/ 2 )
	=	137.891	/	4248.138
	=	3.25 %

Trucap Finance'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 )
	=	39.704	/	( ( (9785.595 - 21.779)	+	(0 - 0) )	/ 1 )
	=	39.704	/	( ( 9763.816	+	0 )	/ 1 )
	=	39.704	/	9763.816
	=	0.41 %

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

Trucap Finance (BOM:540268) 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.

Trucap Finance ROCE % Related Terms

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Trucap Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Trucap Finance Ltd (BOM:540268) » Definitions » ROCE %

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TRU:India

Address

Old Nagardas Road, 2nd Floor, Building No. 4, Wilson House, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.trucapfinance.com

Trucap Finance Ltd is a non-banking finance company which engages in financing business in India. It offers products such as Loan Against Property, Personal Loan, Medical Loan and School Fee Loan among others. The company's operating segment includes Fund based activities and Advisory services. It generates maximum revenue from Fund based activities segment.

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