Virtusa (Virtusa) ROCE % : 16.90% (As of Dec. 2020)

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What is Virtusa 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. Virtusa's annualized ROCE % for the quarter that ended in Dec. 2020 was 16.90%.

Virtusa ROCE % Historical Data

The historical data trend for Virtusa'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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Virtusa ROCE % Chart

Virtusa Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

ROCE %

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9.20

3.24

5.84

6.21

6.77

Virtusa Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
ROCE %	Get a 7-Day Free Trial															11.61	2.80	2.46	7.23	16.90

Virtusa ROCE % Calculation

Virtusa's annualized ROCE % for the fiscal year that ended in Mar. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2020 )		(A: Mar. 2019 )		(A: Mar. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2020 )		(A: Mar. 2019 )		(A: Mar. 2020 )
	=	67.854	/	( ( (1132.473 - 213.994)	+	(1337.067 - 251.907) )	/ 2 )
	=	67.854	/	( (918.479	+	1085.16)	/ 2 )
	=	67.854	/	1001.8195
	=	6.77 %

Virtusa's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2020 )		(Q: Sep. 2020 )		(Q: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2020 )		(Q: Sep. 2020 )		(Q: Dec. 2020 )
	=	169.64	/	( ( (1255.026 - 263.406)	+	(1280.093 - 263.999) )	/ 2 )
	=	169.64	/	( ( 991.62	+	1016.094 )	/ 2 )
	=	169.64	/	1003.857
	=	16.90 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

Virtusa (NAS:VRTU) 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.

Virtusa ROCE % Related Terms

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Virtusa (Virtusa) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Virtusa Corp (NAS:VRTU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 Turnpike Road, Suite 300, Southborough, MA, USA, 01772

Website

http://www.virtusa.com

Virtusa Corp provides a range of information technology, or IT, services. The company organizes its services into three categories: business and IT consulting, technology implementation, and application outsourcing. The business and IT consulting services include IT assessment and planning, network architecture and design, and governance-related services. Technology implementation services include application development, legacy asset management, information management, and testing. Application outsourcing services include application and platform management, infrastructure management, and software quality assurance management. The company generates the majority of revenue from North America.

Executives

Patricia Morrison	director	ONE BAXTER PARKWAY, DEERFIELD IL 60015
Ranjan Kalia	officer: EVP & Chief Financial Officer	C/O VIRTUSA CORPORATION 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Abidali Neemuchwala	director	C/O VIRTUSA CORPORATION, 132 TURNPIKE RD, STE. 300, SOUTHBOROUGH MA 01772
Sundararajan Narayanan	officer: EVP, CPO and Global Head of HR	C/O VIRTUSA CORPORATION 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Samir Dhir	officer: President & Head of Americas	C/O VIRTUSA CORPORATION 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Kris A Canekeratne	director, officer: Chairman & CEO	2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Thomas R Holler	officer: EVP and CSO	2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Roger Keith Modder	officer: EVP, COO & MD EMEA	2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Rowland T Moriarty	director	2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Orogen Holdings Llc	director	ONE ROCKEFELLER PLAZA, SUITE 2416, NEW YORK NY 10020
Barry R Nearhos	director	C/O VIRTUSA CORPORATION, 200 WEST PARK DRIVE, WESTBOROUGH MA 01581
Atairos-orogen Holdings, Llc	director	C/O ATAIROS MANAGEMENT, L.P., 40 MORRIS ROAD, BRYN MAWR PA 19010
Orogen Group Llc	director	ONE ROCKEFELLER PLAZA, SUITE 2416, NEW YORK NY 10020
Atairos Partners, L.p.	director	40 MORRIS AVENUE, BRYN MAWR PA 19010
Atairos Partners Gp, Inc.	director	40 MORRIS AVENUE, BRYN MAWR PA 19010