Aeonx Digital Technology (BOM:524594) ROCE % : -1.88% (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Aeonx Digital Technology 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. Aeonx Digital Technology's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.88%.

Aeonx Digital Technology ROCE % Historical Data

The historical data trend for Aeonx Digital Technology'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.

Aeonx Digital Technology ROCE % Chart

Aeonx Digital Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-3.33

-17.97

10.17

1.64

6.80

Aeonx Digital Technology 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															5.35	17.41	-0.53	6.31	-1.88

Aeonx Digital Technology ROCE % Calculation

Aeonx Digital Technology'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 )
	=	30.04	/	( ( (603.357 - 154.297)	+	(562.435 - 128.268) )	/ 2 )
	=	30.04	/	( (449.06	+	434.167)	/ 2 )
	=	30.04	/	441.6135
	=	6.80 %

Aeonx Digital Technology'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 )
	=	-8.32	/	( ( (598.21 - 154.941)	+	(0 - 0) )	/ 1 )
	=	-8.32	/	( ( 443.269	+	0 )	/ 1 )
	=	-8.32	/	443.269
	=	-1.88 %

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

Aeonx Digital Technology (BOM:524594) 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.

Aeonx Digital Technology ROCE % Related Terms

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

Aeonx Digital Technology (BOM:524594) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aeonx Digital Technology Ltd (BOM:524594) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Dr. D. N. Road, 12/13, Jeevan Udyog Building, 278, Fort, Mumbai, MH, IND, 400 001

Website

https://www.ashokalcochem.com

Aeonx Digital Technology Ltd formerly Ashok Alco-Chem Ltd is engaged in the business of Manufacturing Chemicals and Trading in Minerals. It has also deepened its footprint in the minerals segment by acquiring a company engaged in the business of mineral-based pharmaceutical intermediates. Its product portfolio comprises the Chemical division, Ceramic material division, and Global trading division. The company has two segments namely, the Sale of products and IT services. The majority of revenue is generated from the sale of products.

Aeonx Digital Technology (BOM:524594) Headlines

No Headlines