SPA Capital Services (BOM:542376) ROCE % : 2.87% (As of Dec. 2024)

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What is SPA Capital 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. SPA Capital Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.87%.

SPA Capital Services ROCE % Historical Data

The historical data trend for SPA Capital 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.

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SPA Capital Services ROCE % Chart

SPA Capital Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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7.43

-1.22

4.48

2.33

1.54

SPA Capital Services 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															2.40	-0.49	2.67	3.10	2.87

SPA Capital Services ROCE % Calculation

SPA Capital 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 )
	=	5.737	/	( ( (421.842 - 55.516)	+	(434.917 - 58.425) )	/ 2 )
	=	5.737	/	( (366.326	+	376.492)	/ 2 )
	=	5.737	/	371.409
	=	1.54 %

SPA Capital Services'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 )
	=	10.8	/	( ( (386.73 - 10.86)	+	(0 - 0) )	/ 1 )
	=	10.8	/	( ( 375.87	+	0 )	/ 1 )
	=	10.8	/	375.87
	=	2.87 %

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

SPA Capital Services (BOM:542376) 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.

SPA Capital Services ROCE % Related Terms

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SPA Capital Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SPA Capital Services Ltd (BOM:542376) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

25, C-Block Community Centre, Janakpuri, New Delhi, IND, 110 058

Website

https://www.spacapital.com

SPA Capital Services Ltd operates in the business segment of Financial Services. It is a financial solutions provider in corporate finance and wealth management to Indian companies and high-net-worth individuals. The company offers services for investment management, wealth management, financial advisory, corporate finance, risk management, insurance broking, and others.

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