Ravinder Heights (BOM:543251) ROCE % : -2.17% (As of Dec. 2024)

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What is Ravinder Heights 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. Ravinder Heights's annualized ROCE % for the quarter that ended in Dec. 2024 was -2.17%.

Ravinder Heights ROCE % Historical Data

The historical data trend for Ravinder Heights'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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Ravinder Heights ROCE % Chart

Ravinder Heights Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

-6.82

-1.82

-0.12

1.71

-0.78

Ravinder Heights 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															-2.77	-0.67	-0.70	-0.24	-2.17

Ravinder Heights ROCE % Calculation

Ravinder Heights'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 )
	=	-19.47	/	( ( (2938.583 - 428.291)	+	(2893.025 - 405.303) )	/ 2 )
	=	-19.47	/	( (2510.292	+	2487.722)	/ 2 )
	=	-19.47	/	2499.007
	=	-0.78 %

Ravinder Heights'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 )
	=	-53.748	/	( ( (2882.901 - 403.574)	+	(0 - 0) )	/ 1 )
	=	-53.748	/	( ( 2479.327	+	0 )	/ 1 )
	=	-53.748	/	2479.327
	=	-2.17 %

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

Ravinder Heights (BOM:543251) 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.

Ravinder Heights ROCE % Related Terms

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Ravinder Heights Business Description

Industry

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Traded in Other Exchanges

RVHL:India

Address

Barakhamba Road, 7th Floor, DCM Building 16, New Delhi, IND, 110001

Website

https://ravinderheights.com/rvhl/

Ravinder Heights Ltd is engaged in the business of acquisition, construction, and development of townships built-up infrastructure, housing, commercial premises, hotels, resorts, hospitals, educational institutions, recreational facilities, city, and regional-level infrastructure. The company operates in only one segment which is real estate development and leasing.

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