Tree House Education & Accessories (BOM:533540) ROCE % : -0.48% (As of Mar. 2024)

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What is Tree House Education & Accessories 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. Tree House Education & Accessories's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.48%.

Tree House Education & Accessories ROCE % Historical Data

The historical data trend for Tree House Education & Accessories'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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Tree House Education & Accessories ROCE % Chart

Tree House Education & Accessories Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-7.26

-11.46

-7.43

-19.50

0.05

Tree House Education & Accessories Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-12.37	0.32	0.25	0.11	-0.48

Tree House Education & Accessories ROCE % Calculation

Tree House Education & Accessories'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 )
	=	1.1	/	( ( (2204.082 - 83.09)	+	(2128.1 - 44.9) )	/ 2 )
	=	1.1	/	( (2120.992	+	2083.2)	/ 2 )
	=	1.1	/	2102.096
	=	0.05 %

Tree House Education & Accessories'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-10	/	( ( (0 - 0)	+	(2128.1 - 44.9) )	/ 1 )
	=	-10	/	( ( 0	+	2083.2 )	/ 1 )
	=	-10	/	2083.2
	=	-0.48 %

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

Tree House Education & Accessories (BOM:533540) 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.

Tree House Education & Accessories ROCE % Related Terms

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Tree House Education & Accessories (BOM:533540) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tree House Education & Accessories Ltd (BOM:533540) » Definitions » ROCE %

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TREEHOUSE:India

Address

Dadabhai Road, 101, Sapphire Plaza, Opposite CNMS School, Vile Parle (West), Mumbai, MH, IND, 400056

Website

https://www.treehouseplaygroup.net

Tree House Education & Accessories Ltd provides providing education and related services including leasing of education infrastructure services in India. The group offers pre-primary education services and Education support services. It has a curriculum designed in-house using a combination of Playway and Montessori methods. Apart from reading, writing, and arithmetic it also teaches life skills and value education. In addition, the group provides various activities including playing with toys, listening to music, socio-dramatic plays, creative crafts and festival celebrations. It operates playgroup, nursery, junior kindergarten (KG), senior KG, summer camp, teachers training course, hobby class and daycare services.

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