Mufin Green Finance (BOM:542774) ROCE % : 3.33% (As of Dec. 2024)

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What is Mufin Green 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. Mufin Green Finance's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.33%.

Mufin Green Finance ROCE % Historical Data

The historical data trend for Mufin Green 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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Mufin Green Finance ROCE % Chart

Mufin Green Finance Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-8.97

27.61

13.18

5.61

5.18

Mufin Green 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															4.67	2.26	4.04	3.20	3.33

Mufin Green Finance ROCE % Calculation

Mufin Green 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 )
	=	216.607	/	( ( (3954.729 - 1085.568)	+	(9255.832 - 3759.919) )	/ 2 )
	=	216.607	/	( (2869.161	+	5495.913)	/ 2 )
	=	216.607	/	4182.537
	=	5.18 %

Mufin Green 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 )
	=	327.832	/	( ( (9844.06 - 4.25)	+	(0 - 0) )	/ 1 )
	=	327.832	/	( ( 9839.81	+	0 )	/ 1 )
	=	327.832	/	9839.81
	=	3.33 %

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

Mufin Green Finance (BOM:542774) 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.

Mufin Green Finance ROCE % Related Terms

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Mufin Green Finance Business Description

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MUFIN:India

Address

201, 2nd Floor, Best Sky Tower, Netaji Subhash Place, New Delhi, IND, 110034

Website

https://www.mufingreenfinance.com

Mufin Green Finance Ltd is an Indian non-banking finance company. The company provides financial services. The company has only one line of business that is Financing and Investment Activities. It derives revenue mainly from interest income.

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