Nexus Select Trust (BOM:543913) ROCE % : 6.23% (As of Dec. 2024)

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What is Nexus Select Trust 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. Nexus Select Trust's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.23%.

Nexus Select Trust ROCE % Historical Data

The historical data trend for Nexus Select Trust'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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Nexus Select Trust ROCE % Chart

Nexus Select Trust Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

9.25

3.91

6.78

8.84

Nexus Select Trust Quarterly Data
	Mar20	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial						4.63	5.27	5.13	5.32	6.23

Nexus Select Trust ROCE % Calculation

Nexus Select Trust'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 )
	=	8513.74	/	( ( (451.06 - 480.47)	+	(201104.6 - 8483.88) )	/ 2 )
	=	8513.74	/	( (-29.41	+	192620.72)	/ 2 )
	=	8513.74	/	96295.655
	=	8.84 %

Nexus Select Trust'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 )
	=	11865.72	/	( ( (198810.4 - 11746.89)	+	(205919.91 - 12051.65) )	/ 2 )
	=	11865.72	/	( ( 187063.51	+	193868.26 )	/ 2 )
	=	11865.72	/	190465.885
	=	6.23 %

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

Nexus Select Trust (BOM:543913) 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.

Nexus Select Trust ROCE % Related Terms

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Nexus Select Trust Business Description

Industry

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NXST:India

Address

Lal Bahadur Shastri Marg, Embassy 247, Unit No. 501, B Wing, Vikhroli West, Mumbai, MH, IND, 400 083

Website

https://www.nexusselecttrust.com

Nexus Select Trust is a Real Estate Investment Trust. The objectives of the Trust are to undertake activities in accordance with the provisions of the REIT Regulations and the Trust Deed. The principal activity of the Trust is to own and invest in rent or income generating real estate and related assets in India.

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