Munoth Communication (BOM:511401) ROCE % : -1.05% (As of Dec. 2023)

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What is Munoth Communication 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. Munoth Communication's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.05%.

Munoth Communication ROCE % Historical Data

The historical data trend for Munoth Communication'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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Munoth Communication ROCE % Chart

Munoth Communication Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-4.80

-4.25

-2.98

-3.63

-8.61

Munoth Communication Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-3.85	-21.00	-1.50	-2.14	-1.05

Munoth Communication ROCE % Calculation

Munoth Communication's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-9.726	/	( ( (95.444 - 19.506)	+	(164.552 - 14.516) )	/ 2 )
	=	-9.726	/	( (75.938	+	150.036)	/ 2 )
	=	-9.726	/	112.987
	=	-8.61 %

Munoth Communication's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-1.508	/	( ( (161.207 - 17.846)	+	(0 - 0) )	/ 1 )
	=	-1.508	/	( ( 143.361	+	0 )	/ 1 )
	=	-1.508	/	143.361
	=	-1.05 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Munoth Communication (BOM:511401) 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.

Munoth Communication ROCE % Related Terms

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Munoth Communication (BOM:511401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Munoth Communication Ltd (BOM:511401) » Definitions » ROCE %

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Address

Triplicane High Road, Munoth Centre, 3rd Floor, 343, Suite No. 48, Chennai, TN, IND, 600005

Website

https://www.munothcommunication.com

Munoth Communication Ltd is engaged in the selling and distribution of mobile phones and accessories in India. The company's product portfolio includes the USB cable with digital display, U201 travel charger, C207 car changer, socket charger, Y302 power bank, J20 power bank, and credit-card power bank. The company markets its products under the VG Munoth brand.

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