Muthoot Microfin (BOM:544055) ROCE % : 4.83% (As of Dec. 2024)

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What is Muthoot Microfin 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. Muthoot Microfin's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.83%.

Muthoot Microfin ROCE % Historical Data

The historical data trend for Muthoot Microfin'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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Muthoot Microfin ROCE % Chart

Muthoot Microfin Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

0.88

2.96

5.95

11.11

Muthoot Microfin Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							9.07	15.92	11.44	7.35	4.83

Muthoot Microfin ROCE % Calculation

Muthoot Microfin'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 )
	=	5978.62	/	( ( (85291.99 - 40231.75)	+	(115902.26 - 53338.82) )	/ 2 )
	=	5978.62	/	( (45060.24	+	62563.44)	/ 2 )
	=	5978.62	/	53811.84
	=	11.11 %

Muthoot Microfin'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 )
	=	5629.56	/	( ( (116860.13 - 278.62)	+	(0 - 0) )	/ 1 )
	=	5629.56	/	( ( 116581.51	+	0 )	/ 1 )
	=	5629.56	/	116581.51
	=	4.83 %

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

Muthoot Microfin (BOM:544055) 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.

Muthoot Microfin ROCE % Related Terms

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Muthoot Microfin Business Description

Industry

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Traded in Other Exchanges

MUTHOOTMF:India

Address

Muthoot Towers M.G. Road, 5th Floor, Kochi, KL, IND, 682035

Website

https://www.muthootmicrofin.com

Muthoot Microfin Ltd is a microfinance institution providing micro-loans to women customers with a focus on rural regions of India. The company offers loan products such as group loans for livelihood solutions such as income generating loans, Pragathi loans, and individual loans; life betterment solutions including mobile phones loans, solar lighting product loans, and household appliances product loans; health and hygiene loans such as sanitation improvement loans; and secured loans in the form of gold loans and Muthoot Small & Growing Business loans.

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