Trident Lifeline (BOM:543616) ROCE % : 21.69% (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Trident Lifeline 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. Trident Lifeline's annualized ROCE % for the quarter that ended in Dec. 2024 was 21.69%.

Trident Lifeline ROCE % Historical Data

The historical data trend for Trident Lifeline'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.

* Premium members only.

Trident Lifeline ROCE % Chart

Trident Lifeline Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

-9.13

32.79

58.85

24.27

15.72

Trident Lifeline Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial									11.53	20.61	18.58	23.86	21.69

Trident Lifeline ROCE % Calculation

Trident Lifeline'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 )
	=	92.655	/	( ( (625.704 - 115.34)	+	(870.762 - 202.562) )	/ 2 )
	=	92.655	/	( (510.364	+	668.2)	/ 2 )
	=	92.655	/	589.282
	=	15.72 %

Trident Lifeline'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 )
	=	161.116	/	( ( (978.584 - 235.684)	+	(0 - 0) )	/ 1 )
	=	161.116	/	( ( 742.9	+	0 )	/ 1 )
	=	161.116	/	742.9
	=	21.69 %

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

Trident Lifeline (BOM:543616) 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.

Trident Lifeline ROCE % Related Terms

Thank you for viewing the detailed overview of Trident Lifeline's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Trident Lifeline Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Trident Lifeline Ltd (BOM:543616) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

North Extension, Falsawadi Begumpura, 2nd Floor, Shop-2004, Nodh-4/1650, Sahara Darwaja, Surat, GJ, IND, 395003

Website

http://www.tridentlifeline.com

Trident Lifeline Ltd is engaged in the marketing of pharmaceutical products in domestic as well as international market. The company is also engaged in distribution of pharmaceutical products through third-party distribution network. It also offers a wide range of pharmaceutical formulations and products manufactured on contract manufacturing under a loan license. The Company's reportable geographical segments include India, Ghana, Kenya, Peru, Cameroon, Venezuela, and the Rest of World.

Trident Lifeline Headlines

No Headlines