Positron Energy (NSE:POSITRON) ROCE % : 68.54% (As of Mar. 2024)

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

What is Positron Energy 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. Positron Energy's annualized ROCE % for the quarter that ended in Mar. 2024 was 68.54%.

Positron Energy ROCE % Historical Data

The historical data trend for Positron Energy'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.

Positron Energy ROCE % Chart

Positron Energy Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

6.30

15.63

30.12

68.54

Positron Energy Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	6.30	15.63	30.12	68.54

Positron Energy ROCE % Calculation

Positron Energy'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 )
	=	120.648	/	( ( (247.625 - 118.329)	+	(378.902 - 156.143) )	/ 2 )
	=	120.648	/	( (129.296	+	222.759)	/ 2 )
	=	120.648	/	176.0275
	=	68.54 %

Positron Energy'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 )
	=	120.648	/	( ( (247.625 - 118.329)	+	(378.902 - 156.143) )	/ 2 )
	=	120.648	/	( ( 129.296	+	222.759 )	/ 2 )
	=	120.648	/	176.0275
	=	68.54 %

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

Positron Energy (NSE:POSITRON) 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.

Positron Energy ROCE % Related Terms

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

Positron Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Positron Energy Ltd (NSE:POSITRON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sector-7, Office No. 3, IT Tower-2, Ground Floor Infocity, Gandhinagar, GJ, IND, 382007

Website

https://www.positron-india.com

Positron Energy Ltd is engaged in Management & Technical Advisory Services of Oil and Gas Industry. It provide end to end solutions for Gas distribution to the Industries across India. The company provides Management Consultancy Services like commercial and financial advisory, technical services including Project Management and O&M (Operation and Management) Services, across the Gas Sector in India. It has successfully developed a Gas aggregation business volume of 35 MMSCM (approx), especially Natural Gas. its technical qualifications and empanelment with industrial customers attest to its reliability and competence. Moreover, distribution of Natural gas is facilitated through common carrier pipeline networks operated by public and private sector players in the Indian market.

Positron Energy Headlines

No Headlines