Digidrive Distributors (BOM:544079) ROCE % : 1.28% (As of Dec. 2024)

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What is Digidrive Distributors 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. Digidrive Distributors's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.28%.

Digidrive Distributors ROCE % Historical Data

The historical data trend for Digidrive Distributors'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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Digidrive Distributors ROCE % Chart

Digidrive Distributors Annual Data

Trend

Mar23

Mar24

ROCE %

4.45

2.94

Digidrive Distributors Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial			-	9.15	2.66	0.36	1.28

Digidrive Distributors ROCE % Calculation

Digidrive Distributors'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 )
	=	57.108	/	( ( (1465.016 - 27.987)	+	(2512.057 - 63.069) )	/ 2 )
	=	57.108	/	( (1437.029	+	2448.988)	/ 2 )
	=	57.108	/	1943.0085
	=	2.94 %

Digidrive Distributors'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 )
	=	49.6	/	( ( (3959.6 - 83.3)	+	(0 - 0) )	/ 1 )
	=	49.6	/	( ( 3876.3	+	0 )	/ 1 )
	=	49.6	/	3876.3
	=	1.28 %

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

Digidrive Distributors (BOM:544079) 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.

Digidrive Distributors ROCE % Related Terms

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Digidrive Distributors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Digidrive Distributors Ltd (BOM:544079) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DIGIDRIVE:India

Address

33, Jessore Road, Dum Dum, Kolkata, WB, IND, 700028

Website

https://www.digidrivelimited.com

Digidrive Distributors Ltd is a master distributor for retailing goods on all digital marketplaces. It is engaged in the E-Commerce distribution business of music storage device; Carvaan and its variants, directly and through distributors, appointed for selling on digital media mediums. The company is also engaged in the Media and Publishing business, printing of printed materials, and marketing support services. Its reportable segments are; Trading and Publication. The majority of the company's revenue is generated from its Trading segment which includes distributorship for retailing goods on all digital marketplaces.

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