Technojet Consultants (BOM:509917) ROCE % : 0.00% (As of . 20)

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What is Technojet Consultants 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. Technojet Consultants's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Technojet Consultants ROCE % Historical Data

The historical data trend for Technojet Consultants's ROCE % can be seen below:

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Technojet Consultants ROCE % Chart

Technojet Consultants Annual Data

Trend

ROCE %

Technojet Consultants Quarterly Data

ROCE %

Technojet Consultants ROCE % Calculation

Technojet Consultants's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Technojet Consultants's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Technojet Consultants (BOM:509917) 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.

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Technojet Consultants (BOM:509917) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Technojet Consultants Ltd (BOM:509917) » Definitions » ROCE %

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Address

Pandurang Budhkar Marg, C-1, Wadia International Center, Worli, Mumbai, MH, IND, 400025

Website

http://www.technojet.in

Technojet Consultants Ltd manufactures digital electronics products. It is engaged in the business of provision of technical know-how or rendering of services in connection with the provision of technical know-how. It produces static voltage regulators and dental curing lights. The product of the Company is Curex Lite, a Visible Light Curing Unit.

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