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Month: November 2019

Here’s why Intellect Design Arena Limited’s Returns On Capital Matters So Much

Here’s why Intellect Design Arena Limited’s Returns On Capital Matters So Much

Today we’ll look at Intellect Design Arena Limited (NSE:INTELLECT) and reflect on its potential as an investment. Specifically, we’re going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. Firstly, we’ll go over how we calculate ROCE. Second, we’ll look at its ROCE compared to similar companies. And finally, we’ll look at how its current liabilities are impacting its ROCE.Understanding Return On Capital Employed (ROCE) ROCE is a metric for evaluating…

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