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Standard Capital Markets (BOM:511700) ROCE % : 2.32% (As of Dec. 2023)


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What is Standard Capital Markets 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. Standard Capital Markets's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.32%.


Standard Capital Markets ROCE % Historical Data

The historical data trend for Standard Capital Markets'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.

Standard Capital Markets ROCE % Chart

Standard Capital Markets Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.81 2.79 -10.11 3.61 7.36

Standard Capital Markets 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.31 13.83 4.70 4.23 2.32

Standard Capital Markets ROCE % Calculation

Standard Capital Markets'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 )
=91.376/( ( (85.373 - 0.678) + (2449.284 - 52.435) )/ 2 )
=91.376/( (84.695+2396.849)/ 2 )
=91.376/1240.772
=7.36 %

Standard Capital Markets'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 )
=70.788/( ( (3072.8 - 18.081) + (0 - 0) )/ 1 )
=70.788/( ( 3054.719 + 0 )/ 1 )
=70.788/3054.719
=2.32 %

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


Standard Capital Markets  (BOM:511700) 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.


Standard Capital Markets ROCE % Related Terms

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Standard Capital Markets (BOM:511700) Business Description

Traded in Other Exchanges
N/A
Address
Netaji Subhash Place, 401-A, PP Towers, Pitampura, New Delhi, IND, 110034
Standard Capital Markets Ltd is an India based non-banking financial company. It is engaged in the business of financing and sale or purchase of shares. The company generates revenue from interest income. Its services categories include Advisory Services; Arbitration and Mediation; Due Diligence; Commercial and Business contracts; Drafting and Pleading; Litigation and Licensing.

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