Varanium Cloud (NSE:CLOUD) ROCE % : 123.87% (As of Sep. 2023)

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What is Varanium Cloud 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. Varanium Cloud's annualized ROCE % for the quarter that ended in Sep. 2023 was 123.87%.

Varanium Cloud ROCE % Historical Data

The historical data trend for Varanium Cloud'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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Varanium Cloud ROCE % Chart

Varanium Cloud Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

-36.53

89.34

118.42

149.98

Varanium Cloud Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial					14.17	198.09	120.15	156.11	123.87

Varanium Cloud ROCE % Calculation

Varanium Cloud'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 )
	=	1171.805	/	( ( (406.433 - 255.419)	+	(1839.866 - 428.288) )	/ 2 )
	=	1171.805	/	( (151.014	+	1411.578)	/ 2 )
	=	1171.805	/	781.296
	=	149.98 %

Varanium Cloud'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 )
	=	2940.9	/	( ( (0 - 0)	+	(2915.419 - 541.294) )	/ 1 )
	=	2940.9	/	( ( 0	+	2374.125 )	/ 1 )
	=	2940.9	/	2374.125
	=	123.87 %

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

Varanium Cloud (NSE:CLOUD) 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.

Varanium Cloud ROCE % Related Terms

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Varanium Cloud Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Varanium Cloud Ltd (NSE:CLOUD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Versova SVP Nagar, Third Floor, Plot No. 244-A RDP 2, CTS 1374/B Vil, Four Bungalows, Andheri West, Mumbai, MH, IND, 400053

Website

https://www.varanium.cloud

Varanium Cloud Ltd is a technology company focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services. The company operates in the following key verticals which are Provision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments, Online payment facilitation services (PayFac) and Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under Edmission brand.

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