Nettlinx (BOM:511658) ROCE % : 13.26% (As of Dec. 2023)

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What is Nettlinx 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. Nettlinx's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.26%.

Nettlinx ROCE % Historical Data

The historical data trend for Nettlinx'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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Nettlinx ROCE % Chart

Nettlinx Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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16.85

6.75

4.47

8.11

2.28

Nettlinx Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															2.60	0.53	2.87	17.73	13.26

Nettlinx ROCE % Calculation

Nettlinx'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 )
	=	13.215	/	( ( (653.46 - 78.895)	+	(665.102 - 82.74) )	/ 2 )
	=	13.215	/	( (574.565	+	582.362)	/ 2 )
	=	13.215	/	578.4635
	=	2.28 %

Nettlinx'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 )
	=	81.432	/	( ( (728.215 - 113.891)	+	(0 - 0) )	/ 1 )
	=	81.432	/	( ( 614.324	+	0 )	/ 1 )
	=	81.432	/	614.324
	=	13.26 %

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

Nettlinx (BOM:511658) 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.

Nettlinx ROCE % Related Terms

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Nettlinx (BOM:511658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nettlinx Ltd (BOM:511658) » Definitions » ROCE %

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N/A

Address

Secretariat Road, 5-9-22, 3rd Floor, Flat No. 303, My Home Sarovar Plaza, Saifabad, Hyderabad, TG, IND, 500063

Website

https://www.nettlinx.com

Nettlinx Ltd is an Indian-based company engaged in the telecom service business sector. The company offers a range of network solutions like the Internet, Network Management Services, Data Centre and Co-location Services, and Enterprise Mailing Solutions and derives revenues in the form of sale of products, sale of Voice Over Internet Protocol Telephones, Bandwidth Services, Web Solutions, and Information Technology Enabled Services(ITeS) export. Its connectivity services support live video streaming, mailing, and web services across multi-location enterprises, including print and electronic media, financial institutes, manufacturing units, healthcare, and the hotel industry. In terms of revenue, the company gets maximum revenue from the sale of bandwidth services.

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