Gold Line International Finvest (BOM:538180) ROCE % : 0.15% (As of Sep. 2023)

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What is Gold Line International Finvest 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. Gold Line International Finvest's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.15%.

Gold Line International Finvest ROCE % Historical Data

The historical data trend for Gold Line International Finvest'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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Gold Line International Finvest ROCE % Chart

Gold Line International Finvest Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

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0.13

0.06

0.05

0.09

0.39

Gold Line International Finvest Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															0.07	-0.06	0.11	-	0.15

Gold Line International Finvest ROCE % Calculation

Gold Line International Finvest's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	2.093	/	( ( (622.204 - 87.268)	+	(622.074 - 85.361) )	/ 2 )
	=	2.093	/	( (534.936	+	536.713)	/ 2 )
	=	2.093	/	535.8245
	=	0.39 %

Gold Line International Finvest's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	0.788	/	( ( (0 - 0)	+	(638.216 - 100.32) )	/ 1 )
	=	0.788	/	( ( 0	+	537.896 )	/ 1 )
	=	0.788	/	537.896
	=	0.15 %

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

Gold Line International Finvest (BOM:538180) 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.

Gold Line International Finvest ROCE % Related Terms

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Gold Line International Finvest (BOM:538180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gold Line International Finvest Ltd (BOM:538180) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Office No. 203, MB-156 2nd Floor, Opp Madhuban Park, Delhi, IND, 110092

Website

http://www.goldlineinternationalltd.com

Gold Line International Finvest Ltd is an Indian investment company. Its core business is to provide margin funding for the purchase of securities loans against shares and property, and financial advisory services. The company is engaged in providing various financial solutions such as advance loans against listed shares, securities and properties, corporate loans, personal loans, trading in shares and securities, trade financing, bill discounting, and others. Also, the company provides working capital loans to small businesses such as cash advances to help to meet financial requirements. It provides its services to the commercial, industrial, and financial communities.

Gold Line International Finvest (BOM:538180) Headlines

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