GFL (NSE:GFLLIMITED) ROCE % : 0.02% (As of Dec. 2024)

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What is GFL 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. GFL's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.02%.

GFL ROCE % Historical Data

The historical data trend for GFL'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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GFL ROCE % Chart

GFL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.79

-3.05

-0.10

75.11

-0.30

GFL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															0.03	-1.28	0.03	0.04	0.02

GFL ROCE % Calculation

GFL'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 )
	=	-81.805	/	( ( (27411.479 - 14.875)	+	(27321.054 - 8.617) )	/ 2 )
	=	-81.805	/	( (27396.604	+	27312.437)	/ 2 )
	=	-81.805	/	27354.5205
	=	-0.30 %

GFL's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	6.4	/	( ( (26995.5 - 1.5)	+	(0 - 0) )	/ 1 )
	=	6.4	/	( ( 26994	+	0 )	/ 1 )
	=	6.4	/	26994
	=	0.02 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

GFL (NSE:GFLLIMITED) 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.

GFL ROCE % Related Terms

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GFL Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GFL Ltd (NSE:GFLLIMITED) » Definitions » ROCE %

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500173:India

Address

Dr. Annie Besant Road, Ceejay House, 7th Floor, Worli, Mumbai, MH, IND, 400018

Website

http://www.gfllimited.co.in

GFL Ltd is an investment holding company. The group has a single operating segment i.e. Investments and allied activities. It includes operating and managing multiplex cinema theatres. It generates maximum revenue from the box office followed by food and beverages.

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