ASYA Infosoft (BOM:511144) ROCE % : 0.07% (As of Dec. 2021)

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What is ASYA Infosoft 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. ASYA Infosoft's annualized ROCE % for the quarter that ended in Dec. 2021 was 0.07%.

ASYA Infosoft ROCE % Historical Data

The historical data trend for ASYA Infosoft'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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ASYA Infosoft ROCE % Chart

ASYA Infosoft Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

ROCE %

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5.14

6.03

6.31

3.83

3.72

ASYA Infosoft Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Mar17	Jun17	Mar18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
ROCE %	Get a 7-Day Free Trial															2.58	5.68	3.37	2.50	0.07

ASYA Infosoft ROCE % Calculation

ASYA Infosoft's annualized ROCE % for the fiscal year that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	15.361	/	( ( (755.396 - 358.434)	+	(953.97 - 525.653) )	/ 2 )
	=	15.361	/	( (396.962	+	428.317)	/ 2 )
	=	15.361	/	412.6395
	=	3.72 %

ASYA Infosoft's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	0.86	/	( ( (1849.419 - 585.979)	+	(0 - 0) )	/ 1 )
	=	0.86	/	( ( 1263.44	+	0 )	/ 1 )
	=	0.86	/	1263.44
	=	0.07 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

ASYA Infosoft (BOM:511144) 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.

ASYA Infosoft ROCE % Related Terms

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ASYA Infosoft (BOM:511144) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » ASYA Infosoft Ltd (BOM:511144) » Definitions » ROCE %

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Address

Stadium Five Roads, H. N. House, 4th Floor, Nidhi Complex, Above Stadium Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.sayait.com

ASYA Infosoft Ltd is principally engaged in training and IT enables services. It offers strategy and technology implementation services to companies wanting to optimize or re-engineer their existing business. The firm uses N-tier architecture, web designing, and web development for image building of the company with multimedia animation. The group also offers network solutions and resource management services. The firm offers its services in Software Development, Business process outsourcing, Web Designing/Development, E-business solutions, Multimedia/Animation, Networking Solutions, and Resource Management.

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