Arkade Developers (BOM:544261) ROCE % : 32.64% (As of Sep. 2024)

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

What is Arkade Developers 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. Arkade Developers's annualized ROCE % for the quarter that ended in Sep. 2024 was 32.64%.

Arkade Developers ROCE % Historical Data

The historical data trend for Arkade Developers'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.

Arkade Developers ROCE % Chart

Arkade Developers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

30.12

55.27

34.40

56.34

Arkade Developers Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	53.22	58.80	32.64

Arkade Developers ROCE % Calculation

Arkade Developers'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 )
	=	1790.47	/	( ( (5554.09 - 2751.95)	+	(5750.05 - 2196.48) )	/ 2 )
	=	1790.47	/	( (2802.14	+	3553.57)	/ 2 )
	=	1790.47	/	3177.855
	=	56.34 %

Arkade Developers'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 )
	=	2010.202	/	( ( (5750.05 - 2196.48)	+	(11305.372 - 2539.891) )	/ 2 )
	=	2010.202	/	( ( 3553.57	+	8765.481 )	/ 2 )
	=	2010.202	/	6159.5255
	=	32.64 %

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

Arkade Developers (BOM:544261) 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.

Arkade Developers ROCE % Related Terms

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

Arkade Developers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkade Developers Ltd (BOM:544261) » Definitions » ROCE %

Traded in Other Exchanges

ARKADE:India

Address

A S Marg, Ashok Nagar, Arkade House, Opposite Bhoomi Arkade, Near Children’s Academy, Kandivali (East), Mumbai, MH, IND, 400101

Website

https://www.arkade.in

Arkade Developers Ltd is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra. The company's business can be divided into two segments namely Development/construction of residential buildings on land acquired by the company (new projects); and Redevelopment of existing buildings (Redevelopment Projects). The company is involved in the development of new projects and the redevelopment of existing buildings.

Arkade Developers Headlines

No Headlines