Aar Shyam India Investment Co (BOM:542377) ROCE % : 2.29% (As of Dec. 2023)

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What is Aar Shyam India Investment Co 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. Aar Shyam India Investment Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.29%.

Aar Shyam India Investment Co ROCE % Historical Data

The historical data trend for Aar Shyam India Investment Co'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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Aar Shyam India Investment Co ROCE % Chart

Aar Shyam India Investment Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-8.64

-11.43

6.22

1.27

7.13

Aar Shyam India Investment Co 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															4.26	11.48	-	0.64	2.29

Aar Shyam India Investment Co ROCE % Calculation

Aar Shyam India Investment Co'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 )
	=	3.088	/	( ( (45.291 - 3.615)	+	(44.983 - 0) )	/ 2 )
	=	3.088	/	( (41.676	+	44.983)	/ 2 )
	=	3.088	/	43.3295
	=	7.13 %

Aar Shyam India Investment Co'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 )
	=	0.932	/	( ( (41.081 - 0.379)	+	(0 - 0) )	/ 1 )
	=	0.932	/	( ( 40.702	+	0 )	/ 1 )
	=	0.932	/	40.702
	=	2.29 %

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

Aar Shyam India Investment Co (BOM:542377) 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.

Aar Shyam India Investment Co ROCE % Related Terms

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Aar Shyam India Investment Co (BOM:542377) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Aar Shyam India Investment Co Ltd (BOM:542377) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Panchsheel Enclave, B-42, Lower Ground Floor, New Delhi, IND, 110 017

Website

https://www.aarshyam.in

Aar Shyam India Investment Co Ltd is a non-banking financial company. The company earns revenue through Interest income, Interest on FD, MTM FO & DO Credit, Profit & Loss on Intraday share trading, Short Term Gain on the Sale of Shares and Long Term Gain on the Sale of Shares, etc.

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