Easun Capital Markets (BOM:542906) ROCE % : 4.76% (As of Dec. 2023)

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What is Easun Capital Markets 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. Easun Capital Markets's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.76%.

Easun Capital Markets ROCE % Historical Data

The historical data trend for Easun Capital Markets'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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Easun Capital Markets ROCE % Chart

Easun Capital Markets Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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5.13

3.00

5.62

5.94

2.20

Easun Capital Markets 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															3.06	1.99	4.68	5.23	4.76

Easun Capital Markets ROCE % Calculation

Easun Capital Markets'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 )
	=	4.468	/	( ( (201.256 - 0.146)	+	(204.593 - 0.141) )	/ 2 )
	=	4.468	/	( (201.11	+	204.452)	/ 2 )
	=	4.468	/	202.781
	=	2.20 %

Easun Capital Markets'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 )
	=	9.976	/	( ( (209.653 - 0)	+	(0 - 0) )	/ 1 )
	=	9.976	/	( ( 209.653	+	0 )	/ 1 )
	=	9.976	/	209.653
	=	4.76 %

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

Easun Capital Markets (BOM:542906) 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.

Easun Capital Markets ROCE % Related Terms

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Easun Capital Markets (BOM:542906) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Easun Capital Markets Ltd (BOM:542906) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7, Chittaranjan Avenue, 3rd Floor, Bowbazar, Kolkata, WB, IND, 700072

Website

https://www.easuncapitalmarkets.com

Easun Capital Markets Ltd is engaged in the business of Financing and Investment.. The company is mainly into investing in and acquiring and holding shares, stocks, debentures, bonds, mutual funds and/or other securities issued or guaranteed by any company constituted or carrying on business in India and/or by any Government, state, public body or authority. The company is also engaged in the business of investment, providing of loan and advance to the SMEs both secured and unsecured.

Easun Capital Markets (BOM:542906) Headlines

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