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Bodhi Tree Multimedia (NSE:BTML) ROCE % : 16.63% (As of Mar. 2024)


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What is Bodhi Tree Multimedia 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. Bodhi Tree Multimedia's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.63%.


Bodhi Tree Multimedia ROCE % Historical Data

The historical data trend for Bodhi Tree Multimedia'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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Bodhi Tree Multimedia ROCE % Chart

Bodhi Tree Multimedia Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial - 100.78 38.27 28.34 21.19

Bodhi Tree Multimedia Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.21 -7.67 47.37 26.09 16.63

Bodhi Tree Multimedia ROCE % Calculation

Bodhi Tree Multimedia'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 )
=56.505/( ( (454.746 - 202.024) + (614.567 - 333.957) )/ 2 )
=56.505/( (252.722+280.61)/ 2 )
=56.505/266.666
=21.19 %

Bodhi Tree Multimedia'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: Sep. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=45.404/( ( (495.223 - 229.744) + (614.567 - 333.957) )/ 2 )
=45.404/( ( 265.479 + 280.61 )/ 2 )
=45.404/273.0445
=16.63 %

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


Bodhi Tree Multimedia  (NSE:BTML) 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.


Bodhi Tree Multimedia ROCE % Related Terms

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Bodhi Tree Multimedia (NSE:BTML) Business Description

Traded in Other Exchanges
Address
507, Reliable Business Centre, Jogeshwari (West), Mumbai, MH, IND, 400102
Bodhi Tree Multimedia Ltd is engaged in content production for television, films and digital platforms. The company operates in verticals TV - Hindi GEC (General Entertainment Channels) that produces contents such as daily soaps, reality shows for linear broadcast networks like Zee, Sony, Star, Disney, Viacom, Sun and others; Digital Content (OTT) that produces content for non-linear platforms such as Netflix, Voot; and Regional content in multiple languages that produces content in regional languages including Tamil, Marathi, Bengali, and Gujarati on both TV and OTT platforms.

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