Arigato Universe (BOM:530267) ROCE % : 2.90% (As of Dec. 2023)

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What is Arigato Universe 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. Arigato Universe's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.90%.

Arigato Universe ROCE % Historical Data

The historical data trend for Arigato Universe'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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Arigato Universe ROCE % Chart

Arigato Universe Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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2.73

2.01

1.76

1.83

0.54

Arigato Universe 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															0.19	0.90	2.45	3.02	2.90

Arigato Universe ROCE % Calculation

Arigato Universe'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 )
	=	0.559	/	( ( (109.963 - 7.079)	+	(105.526 - 2.186) )	/ 2 )
	=	0.559	/	( (102.884	+	103.34)	/ 2 )
	=	0.559	/	103.112
	=	0.54 %

Arigato Universe'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 )
	=	3.04	/	( ( (104.907 - 0.243)	+	(0 - 0) )	/ 1 )
	=	3.04	/	( ( 104.664	+	0 )	/ 1 )
	=	3.04	/	104.664
	=	2.90 %

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

Arigato Universe (BOM:530267) 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.

Arigato Universe ROCE % Related Terms

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Arigato Universe (BOM:530267) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Arigato Universe Ltd (BOM:530267) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Main Road, Girwa, 220 Ashok Nagar, Udaipur, RJ, IND, 313001

Website

http://www.saboobrothers.com

Arigato Universe Ltd formerly Saboo Brothers Ltd is an Indian-based company engaged in manufacturing and dealing in construction. Its activity includes Manufacturing and dealing in construction-related materials, and commodities. Execution of contracts related to real estate and development of land, development of and dealing in immovable properties. Development of properties for Hospitality and recreational Activities and related services and providing such services at BSE. It has two reportable Segment which is I.T. Services and manufacturing and dealing in construction-related materials, and commodities. It derives the majority of its revenue from manufacturing and dealing in construction-related materials and commodities. It derives key revenue from India.

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