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Winny Immigration and Education Services (NSE:WINNY) ROCE % : 24.76% (As of Mar. 2024)


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What is Winny Immigration and Education Services 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. Winny Immigration and Education Services's annualized ROCE % for the quarter that ended in Mar. 2024 was 24.76%.

Winny Immigration and Education Services ROCE % Historical Data

The historical data trend for Winny Immigration and Education Services'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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Winny Immigration and Education Services ROCE % Chart

Winny Immigration and Education Services Annual Data
Trend Mar22 Mar23 Mar24
ROCE %
285.09 129.77 24.76

Winny Immigration and Education Services Semi-Annual Data
Mar22 Mar23 Mar24
ROCE % 285.09 129.77 24.76

Winny Immigration and Education Services ROCE % Calculation

Winny Immigration and Education Services'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 )
=6.579/( ( (54.193 - 28.339) + (54.284 - 26.995) )/ 2 )
=6.579/( (25.854+27.289)/ 2 )
=6.579/26.5715
=24.76 %

Winny Immigration and Education Services'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 )
=6.579/( ( (54.193 - 28.339) + (54.284 - 26.995) )/ 2 )
=6.579/( ( 25.854 + 27.289 )/ 2 )
=6.579/26.5715
=24.76 %

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

* 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.

Winny Immigration and Education Services  (NSE:WINNY) 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.

Winny Immigration and Education Services ROCE % Related Terms

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Winny Immigration and Education Services Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Winny Immigration and Education Services Ltd (NSE:WINNY) » Definitions » ROCE %
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Traded in Other Exchanges
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Address
103-104, ATP Arcade, Above Mr. Bean's Coffee Shop, Near National Handloom House, Law Garden, Ahmedabad, GJ, IND, 380006
Website
https://www.winnyimmigration.com
Winny Immigration and Education Services Ltd is engaged in the visa consultancy business. It provides assistance (Service) to individuals for study, travel, work, business, and migration purposes and has a range of services such as: 1. Training for Language Proficiency Examinations. 2. Consulting and processing a range of Temporary Residence Visas. 3. Consulting and processing Permanent Residency Visas. Most clients choose to migrate to the USA, Canada, Australia, New Zealand, UK and Europe.

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