Basilic Fly Studio (NSE:BASILIC) ROCE % : 171.80% (As of Mar. 2023)

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What is Basilic Fly Studio 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. Basilic Fly Studio's annualized ROCE % for the quarter that ended in Mar. 2023 was 171.80%.

Basilic Fly Studio ROCE % Historical Data

The historical data trend for Basilic Fly Studio'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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Basilic Fly Studio ROCE % Chart

Basilic Fly Studio Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

19.87

24.68

171.80

Basilic Fly Studio Semi-Annual Data
	Mar21	Mar22	Mar23
ROCE %	19.87	24.68	171.80

Basilic Fly Studio ROCE % Calculation

Basilic Fly Studio'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 )
	=	381.885	/	( ( (157.108 - 78.083)	+	(531.533 - 166) )	/ 2 )
	=	381.885	/	( (79.025	+	365.533)	/ 2 )
	=	381.885	/	222.279
	=	171.80 %

Basilic Fly Studio's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	381.885	/	( ( (157.108 - 78.083)	+	(531.533 - 166) )	/ 2 )
	=	381.885	/	( ( 79.025	+	365.533 )	/ 2 )
	=	381.885	/	222.279
	=	171.80 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

Basilic Fly Studio (NSE:BASILIC) 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.

Basilic Fly Studio ROCE % Related Terms

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Basilic Fly Studio (NSE:BASILIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Basilic Fly Studio Ltd (NSE:BASILIC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Mount Poonamallee Road, Tower A, KRC Commerzone, Porur, Chennai, TN, IND, 600116

Website

https://www.basilicflystudio.com

Basilic Fly Studio Ltd is a visual effects (VFX) studio. It provides VFX solutions for movies, TV, net series, and commercials.

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