Indo-City Infotech (BOM:532100) ROCE % : -8.83% (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Indo-City Infotech 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. Indo-City Infotech's annualized ROCE % for the quarter that ended in Mar. 2024 was -8.83%.

Indo-City Infotech ROCE % Historical Data

The historical data trend for Indo-City Infotech'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.

Indo-City Infotech ROCE % Chart

Indo-City Infotech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-6.93

-4.61

-0.20

0.03

3.79

Indo-City Infotech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-2.63	7.14	8.02	8.64	-8.83

Indo-City Infotech ROCE % Calculation

Indo-City Infotech'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 )
	=	4.724	/	( ( (124.53 - 1.868)	+	(127.515 - 0.743) )	/ 2 )
	=	4.724	/	( (122.662	+	126.772)	/ 2 )
	=	4.724	/	124.717
	=	3.79 %

Indo-City Infotech's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-11.2	/	( ( (0 - 0)	+	(127.515 - 0.743) )	/ 1 )
	=	-11.2	/	( ( 0	+	126.772 )	/ 1 )
	=	-11.2	/	126.772
	=	-8.83 %

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

Indo-City Infotech (BOM:532100) 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.

Indo-City Infotech ROCE % Related Terms

Thank you for viewing the detailed overview of Indo-City Infotech's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Indo-City Infotech (BOM:532100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Indo-City Infotech Ltd (BOM:532100) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Andheri-Kurla Road, A6, Mittal Estate Building No. 2, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.indocity.co

Indo-City Infotech Ltd is an India-based company engaged in financial activities. The company generates revenue from trading & investing in shares & securities and from interest income.

Indo-City Infotech (BOM:532100) Headlines

No Headlines