Praxis Home Retail (NSE:PRAXIS) ROCE % : -90.54% (As of Dec. 2024)

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What is Praxis Home Retail 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. Praxis Home Retail's annualized ROCE % for the quarter that ended in Dec. 2024 was -90.54%.

Praxis Home Retail ROCE % Historical Data

The historical data trend for Praxis Home Retail'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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Praxis Home Retail ROCE % Chart

Praxis Home Retail Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-26.95

-42.38

48.03

0.96

-123.62

Praxis Home Retail 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															-52.74	-272.07	-35.50	38.38	-90.54

Praxis Home Retail ROCE % Calculation

Praxis Home Retail'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 )
	=	-636.475	/	( ( (3123.63 - 2497.787)	+	(3192.276 - 2788.371) )	/ 2 )
	=	-636.475	/	( (625.843	+	403.905)	/ 2 )
	=	-636.475	/	514.874
	=	-123.62 %

Praxis Home Retail'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 )
	=	-256.036	/	( ( (2983.543 - 2700.75)	+	(0 - 0) )	/ 1 )
	=	-256.036	/	( ( 282.793	+	0 )	/ 1 )
	=	-256.036	/	282.793
	=	-90.54 %

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

Praxis Home Retail (NSE:PRAXIS) 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.

Praxis Home Retail ROCE % Related Terms

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Praxis Home Retail Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Praxis Home Retail Ltd (NSE:PRAXIS) » Definitions » ROCE %

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540901:India

Address

iThink Techno Campus, Kanjumarg (East), Ground Floor, Jolly Board Tower D, Mumbai, MH, IND, 400 042

Website

https://www.praxisretail.in

Praxis Home Retail Ltd is engaged in the provision of home retail solutions in India. The company offers various furniture, homeware, decor, furnishings, modular kitchen, kitchenware, and bathroom accessories. In addition, it also renders interior design consultation and services for homes and offices.

Praxis Home Retail Headlines

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