Interiors & More (NSE:INM) ROCE % : 32.84% (As of Mar. 2024)

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What is Interiors & More 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. Interiors & More's annualized ROCE % for the quarter that ended in Mar. 2024 was 32.84%.

Interiors & More ROCE % Historical Data

The historical data trend for Interiors & More'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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Interiors & More ROCE % Chart

Interiors & More Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

8.35

18.40

70.27

32.84

Interiors & More Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	8.35	18.40	70.27	32.84

Interiors & More ROCE % Calculation

Interiors & More'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 )
	=	115.05	/	( ( (309.463 - 179.38)	+	(660.586 - 89.904) )	/ 2 )
	=	115.05	/	( (130.083	+	570.682)	/ 2 )
	=	115.05	/	350.3825
	=	32.84 %

Interiors & More'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 )
	=	115.05	/	( ( (309.463 - 179.38)	+	(660.586 - 89.904) )	/ 2 )
	=	115.05	/	( ( 130.083	+	570.682 )	/ 2 )
	=	115.05	/	350.3825
	=	32.84 %

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

Interiors & More (NSE:INM) 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.

Interiors & More ROCE % Related Terms

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Interiors & More Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Interiors & More Ltd (NSE:INM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kumtha Street, off Shahid Bhagat Singh Road, Office No.7, Ground Floor, Ballard Estate, Fort Mumbai G.P.O., Mumbai, MH, IND, 400001

Website

https://www.inm.net.in

Interiors & More Ltd is in the business of marketing, exporting, importing, processing, packing/repacking, arranging or otherwise dealing in any other manner in flowers, dried flowers, potpourri, handicrafts, dry arrangements, artificial flowers, all types of home & interior decorative items and related materials. The Company has only one reportable Business Segment which is engaged in business of manufacturing of artificial flower and interior decor items in India.