Murae Organisor (BOM:542724) ROCE % : -1.74% (As of Jun. 2024)

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What is Murae Organisor 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. Murae Organisor's annualized ROCE % for the quarter that ended in Jun. 2024 was -1.74%.

Murae Organisor ROCE % Historical Data

The historical data trend for Murae Organisor'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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Murae Organisor ROCE % Chart

Murae Organisor Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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27.41

6.37

18.82

17.41

0.90

Murae Organisor Quarterly Data
	Dec18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-0.50	-7.09	0.27	9.24	-1.74

Murae Organisor ROCE % Calculation

Murae Organisor'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 )
	=	3.356	/	( ( (285.835 - 98.663)	+	(1198.632 - 639.965) )	/ 2 )
	=	3.356	/	( (187.172	+	558.667)	/ 2 )
	=	3.356	/	372.9195
	=	0.90 %

Murae Organisor's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-9.724	/	( ( (1198.632 - 639.965)	+	(0 - 0) )	/ 1 )
	=	-9.724	/	( ( 558.667	+	0 )	/ 1 )
	=	-9.724	/	558.667
	=	-1.74 %

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

Murae Organisor (BOM:542724) 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.

Murae Organisor ROCE % Related Terms

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Murae Organisor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Murae Organisor Ltd (BOM:542724) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Science City Road, A-1106, Empire Business Hub, Near Auda Water Tank, Sola, Ahmedabad, GJ, IND, 380060

Website

http://www.earumpharma.com

Murae Organisor Ltd Formerly Earum Pharmaceuticals Ltd is engaged in the pharmaceutical business. It is involved in the marketing, trading, and distribution of a wide range of pharmaceutical formulation products such as anti-biotic drugs, anti-malarial drugs, dermatology products, cerebral activator drugs, neurological drugs, steroids, gynecology drugs, calcium, multivitamins, antioxidants, and injections. It offers a wide range of pharmaceutical formulation products that are marketed under its brand name. Apart from pharmaceutical formulation products, the company also deals in the trading of active pharmaceutical ingredients.

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