Raymond Lifestyle (BOM:544240) ROCE % : 2.27% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Raymond Lifestyle 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. Raymond Lifestyle's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.27%.

Raymond Lifestyle ROCE % Historical Data

The historical data trend for Raymond Lifestyle'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.

* Premium members only.

Raymond Lifestyle ROCE % Chart

Raymond Lifestyle Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

20.61

25.41

15.57

Raymond Lifestyle Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	-	-	505.22	8.98	2.27

Raymond Lifestyle ROCE % Calculation

Raymond Lifestyle'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 )
	=	8356.195	/	( ( (3138.416 - 1714.361)	+	(131383.84 - 25439.219) )	/ 2 )
	=	8356.195	/	( (1424.055	+	105944.621)	/ 2 )
	=	8356.195	/	53684.338
	=	15.57 %

Raymond Lifestyle's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	2401.8	/	( ( (131383.84 - 25439.219)	+	(136404.6 - 30866.9) )	/ 2 )
	=	2401.8	/	( ( 105944.621	+	105537.7 )	/ 2 )
	=	2401.8	/	105741.1605
	=	2.27 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Raymond Lifestyle (BOM:544240) 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.

Raymond Lifestyle ROCE % Related Terms

Thank you for viewing the detailed overview of Raymond Lifestyle's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Raymond Lifestyle Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Raymond Lifestyle Ltd (BOM:544240) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RAYMONDLSL:India

Address

Narottam Morarjee Marg, Raymond Limited, New Hind House, Ballard Estate, Mumbai, MH, IND, 400001

Website

https://www.raymondlifestyle.com

Raymond Lifestyle Ltd is engaged in the textile and business business. The company's business activities offer premium fabrics, apparel, suiting, shirting, garments, custom tailoring, and other services. The brands under the company's name are Park Avenue, ColourPlus, ethnix, parx, and others.

Raymond Lifestyle Headlines

No Headlines