Aion-Tech Solutions (BOM:531439) ROCE % : 57.34% (As of Sep. 2024)

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What is Aion-Tech Solutions 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. Aion-Tech Solutions's annualized ROCE % for the quarter that ended in Sep. 2024 was 57.34%.

Aion-Tech Solutions ROCE % Historical Data

The historical data trend for Aion-Tech Solutions'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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Aion-Tech Solutions ROCE % Chart

Aion-Tech Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.71

1.61

2.84

-0.88

Aion-Tech Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															0.33	-0.07	-3.85	0.98	57.34

Aion-Tech Solutions ROCE % Calculation

Aion-Tech Solutions's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-6.75	/	( ( (973.26 - 197.98)	+	(1052.38 - 287.57) )	/ 2 )
	=	-6.75	/	( (775.28	+	764.81)	/ 2 )
	=	-6.75	/	770.045
	=	-0.88 %

Aion-Tech Solutions's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	491.16	/	( ( (0 - 0)	+	(1118.686 - 262.041) )	/ 1 )
	=	491.16	/	( ( 0	+	856.645 )	/ 1 )
	=	491.16	/	856.645
	=	57.34 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Aion-Tech Solutions (BOM:531439) 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.

Aion-Tech Solutions ROCE % Related Terms

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Aion-Tech Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aion-Tech Solutions Ltd (BOM:531439) » Definitions » ROCE %

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GOLDTECH:India

Address

My Home Hub, Block-I, 9 Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500081

Website

https://www.goldstonetech.com

Aion-Tech Solutions Ltd formerly Goldstone Technologies Ltd is engaged in the Information technology sector and Information Technology Services. The firm offers various services such as Business intelligence and analytics, Infrastructure services, Outsourcing services, and others. Its operating segments are Information Technology/Software Services and Software Licenses. The company offers services in both domestic and international markets. It generates maximum revenue from Information Technology/Software Services and Software licenses.

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