Lucent Industries (BOM:539682) ROCE % : -0.20% (As of Dec. 2023)

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What is Lucent Industries 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. Lucent Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.20%.

Lucent Industries ROCE % Historical Data

The historical data trend for Lucent Industries'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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Lucent Industries ROCE % Chart

Lucent Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.04

-1.16

-0.19

-0.33

-0.47

Lucent Industries Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-0.14	-0.34	-2.22	-0.14	-0.20

Lucent Industries ROCE % Calculation

Lucent Industries'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 )
	=	-0.87	/	( ( (184.068 - 0.715)	+	(183.839 - 0.034) )	/ 2 )
	=	-0.87	/	( (183.353	+	183.805)	/ 2 )
	=	-0.87	/	183.579
	=	-0.47 %

Lucent Industries'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 )
	=	-0.388	/	( ( (193.884 - 0.166)	+	(0 - 0) )	/ 1 )
	=	-0.388	/	( ( 193.718	+	0 )	/ 1 )
	=	-0.388	/	193.718
	=	-0.20 %

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

Lucent Industries (BOM:539682) 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.

Lucent Industries ROCE % Related Terms

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Lucent Industries (BOM:539682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lucent Industries Ltd (BOM:539682) » Definitions » ROCE %

Comparable Companies

SGX:BOU NSE:KEERTI LSE:MLVN ASX:SIT NAUH BOM:532398 BOM:508918 BOM:540062 WBO:CAG BOM:517063

Traded in Other Exchanges

N/A

Address

Scheme No. 51, Sangam Nagar, Second Floor, 448-D, Indore, MP, IND, 452006

Website

http://www.lucentindustries.shop

Lucent Industries Ltd is not engaged in any activity and the management is looking for the right opportunity to make the Company operational.

Lucent Industries (BOM:539682) Headlines

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