Rapid Multimodal Logistics (BOM:544237) ROCE % : 57.17% (As of Mar. 2024)

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What is Rapid Multimodal Logistics 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. Rapid Multimodal Logistics's annualized ROCE % for the quarter that ended in Mar. 2024 was 57.17%.

Rapid Multimodal Logistics ROCE % Historical Data

The historical data trend for Rapid Multimodal Logistics'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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Rapid Multimodal Logistics ROCE % Chart

Rapid Multimodal Logistics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

-6.84

160.01

102.51

57.17

Rapid Multimodal Logistics Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	-6.84	160.01	102.51	57.17

Rapid Multimodal Logistics ROCE % Calculation

Rapid Multimodal Logistics'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 )
	=	26.773	/	( ( (69.914 - 32.025)	+	(83.976 - 28.2) )	/ 2 )
	=	26.773	/	( (37.889	+	55.776)	/ 2 )
	=	26.773	/	46.8325
	=	57.17 %

Rapid Multimodal Logistics's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	26.773	/	( ( (69.914 - 32.025)	+	(83.976 - 28.2) )	/ 2 )
	=	26.773	/	( ( 37.889	+	55.776 )	/ 2 )
	=	26.773	/	46.8325
	=	57.17 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

Rapid Multimodal Logistics (BOM:544237) 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.

Rapid Multimodal Logistics ROCE % Related Terms

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Rapid Multimodal Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Rapid Multimodal Logistics Ltd (BOM:544237) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Avadi Road, New No. 44, Old No. 78, Shroff Orchards, First Floor, Kilpauk, Chennai, TN, IND, 600010

Website

http://www.rapidlogistics.in

Rapid Multimodal Logistics Ltd is engaged in the business of providing one-stop logistical solution. It provides an end-to-end logistics solution to manufacturers/traders to transport raw materials or finished goods and provide single as well as multimodal transportation services which involves the coordinated use of multiple modes of transportation (such as road, rail, sea).

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