Alithya Group (TSX:ALYA) ROCE % : 0.38% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Alithya Group 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. Alithya Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.38%.

Alithya Group ROCE % Historical Data

The historical data trend for Alithya Group'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.

* Premium members only.

Alithya Group ROCE % Chart

Alithya Group Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-11.45

-21.52

-9.75

-6.18

-8.36

Alithya Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.86	-20.58	-5.18	-9.42	0.38

Alithya Group ROCE % Calculation

Alithya Group'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 )
	=	-27.1	/	( ( (447.721 - 132.895)	+	(464.101 - 130.219) )	/ 2 )
	=	-27.1	/	( (314.826	+	333.882)	/ 2 )
	=	-27.1	/	324.354
	=	-8.36 %

Alithya Group'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 )
	=	1.036	/	( ( (434.628 - 200.881)	+	(418.26 - 113.542) )	/ 2 )
	=	1.036	/	( ( 233.747	+	304.718 )	/ 2 )
	=	1.036	/	269.2325
	=	0.38 %

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

Alithya Group (TSX:ALYA) 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.

Alithya Group ROCE % Related Terms

Thank you for viewing the detailed overview of Alithya Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Alithya Group (TSX:ALYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alithya Group Inc (TSX:ALYA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ALYA:USA 0QZ:Germany

Address

1100 Robert-Bourassa Boulevard, Suite 400, Montreal, QC, CAN, H3B 3A5

Website

https://www.alithya.com

Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of its revenue from Canada. The company's services include digital transformation, enterprise technology, solution development, project management, infrastructure management, and others.

Alithya Group (TSX:ALYA) Headlines

No Headlines