Inventure Growth & Securities (NSE:INVENTURE) ROCE % : -0.89% (As of Sep. 2024)

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What is Inventure Growth & Securities 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. Inventure Growth & Securities's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.89%.

Inventure Growth & Securities ROCE % Historical Data

The historical data trend for Inventure Growth & Securities'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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Inventure Growth & Securities ROCE % Chart

Inventure Growth & Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.03

10.02

9.82

6.15

8.55

Inventure Growth & Securities Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															3.77	8.54	15.36	17.65	-0.89

Inventure Growth & Securities ROCE % Calculation

Inventure Growth & Securities'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 )
	=	184.242	/	( ( (2772.637 - 679.54)	+	(3270.059 - 1053.011) )	/ 2 )
	=	184.242	/	( (2093.097	+	2217.048)	/ 2 )
	=	184.242	/	2155.0725
	=	8.55 %

Inventure Growth & Securities'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-36.496	/	( ( (0 - 0)	+	(4139.217 - 23.167) )	/ 1 )
	=	-36.496	/	( ( 0	+	4116.05 )	/ 1 )
	=	-36.496	/	4116.05
	=	-0.89 %

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

Inventure Growth & Securities (NSE:INVENTURE) 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.

Inventure Growth & Securities ROCE % Related Terms

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Inventure Growth & Securities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Inventure Growth & Securities Ltd (NSE:INVENTURE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

533506:India

Address

Western Express Highway, 201, 2nd Floor, Viraj Towers, Near Landmark Building, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.inventuregrowth.com

Inventure Growth & Securities Ltd is engaged in the business of providing stock broking and depository participant services. The company is also engaged in commodity broking services, financing/fund-based services, wealth management, merchant banking services, and others. The Company operates in products and services across various asset classes like mutual funds, real estate, debt, and insurance, etc.

Inventure Growth & Securities Headlines

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