Radaan Mediaworks India (NSE:RADAAN) ROCE % : 35.23% (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Radaan Mediaworks India 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. Radaan Mediaworks India's annualized ROCE % for the quarter that ended in Sep. 2024 was 35.23%.

Radaan Mediaworks India ROCE % Historical Data

The historical data trend for Radaan Mediaworks India'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.

Radaan Mediaworks India ROCE % Chart

Radaan Mediaworks India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-43.66

-44.46

-19.45

4.92

15.55

Radaan Mediaworks India 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															-20.66	-6.67	88.58	27.25	35.23

Radaan Mediaworks India ROCE % Calculation

Radaan Mediaworks India'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 )
	=	24.893	/	( ( (338.518 - 193.107)	+	(385.262 - 210.603) )	/ 2 )
	=	24.893	/	( (145.411	+	174.659)	/ 2 )
	=	24.893	/	160.035
	=	15.55 %

Radaan Mediaworks India'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 )
	=	31.9	/	( ( (0 - 0)	+	(309.609 - 219.052) )	/ 1 )
	=	31.9	/	( ( 0	+	90.557 )	/ 1 )
	=	31.9	/	90.557
	=	35.23 %

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

Radaan Mediaworks India (NSE:RADAAN) 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.

Radaan Mediaworks India ROCE % Related Terms

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

Radaan Mediaworks India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Radaan Mediaworks India Ltd (NSE:RADAAN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

590070:India

Address

No. 14, Jayammal Road, Teynampet, Chennai, TN, IND, 600 018

Website

https://www.radaan.tv

Radaan Mediaworks India Ltd is a media entertainment company. It is engaged in producing content for tele-serials/films, digital content, web series, events, game shows, and others. The company also undertakes distribution activities, theatrical plays, and setting up training courses comprising acting, dance, martial arts, yoga, and others. The Company Operates in a single segment being Media and Entertainment. It generates revenues from the sale of advertising spots during the telecast of its program.

Radaan Mediaworks India Headlines

No Headlines