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Finelistings Technologies (BOM:544173) ROCE % : 125.04% (As of Mar. 2023)


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What is Finelistings Technologies 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. Finelistings Technologies's annualized ROCE % for the quarter that ended in Mar. 2023 was 125.04%.


Finelistings Technologies ROCE % Historical Data

The historical data trend for Finelistings Technologies'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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Finelistings Technologies ROCE % Chart

Finelistings Technologies Annual Data
Trend Mar21 Mar22 Mar23
ROCE %
-41.54 0.65 125.04

Finelistings Technologies Semi-Annual Data
Mar21 Mar22 Mar23
ROCE % -41.54 0.65 125.04

Finelistings Technologies ROCE % Calculation

Finelistings Technologies's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=24.993/( ( (15.434 - 10.642) + (101.599 - 66.416) )/ 2 )
=24.993/( (4.792+35.183)/ 2 )
=24.993/19.9875
=125.04 %

Finelistings Technologies's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=24.993/( ( (15.434 - 10.642) + (101.599 - 66.416) )/ 2 )
=24.993/( ( 4.792 + 35.183 )/ 2 )
=24.993/19.9875
=125.04 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

* 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.


Finelistings Technologies  (BOM:544173) 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.


Finelistings Technologies ROCE % Related Terms

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Finelistings Technologies Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Nelson Mandela Road, G-07, Ground Floor, Ambience Mall, ll, Nelson Mandela Road, Vasant Kunj, South West Delhi, New Delhi, IND, 110070
Finelistings Technologies Ltd is engaged in the business for listing of Sale of used Luxury Car and Lite Motor Car. It provides platform to users to list their pre-owned cars to sell as well as company is engaging in the business of IT software and website development & maintenance, IT Consultancy & Support Services.

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