GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Altius Telecom Infrastructure Trust (BOM:543225) » Definitions » ROCE %

Altius Telecom Infrastructure Trust (BOM:543225) ROCE % : 5.55% (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Altius Telecom Infrastructure Trust 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. Altius Telecom Infrastructure Trust's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.55%.


Altius Telecom Infrastructure Trust ROCE % Historical Data

The historical data trend for Altius Telecom Infrastructure Trust'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.

Altius Telecom Infrastructure Trust ROCE % Chart

Altius Telecom Infrastructure Trust Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial 4.63 3.31 4.81 5.39 7.43

Altius Telecom Infrastructure Trust Quarterly Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.70 7.29 - 7.75 5.55

Altius Telecom Infrastructure Trust ROCE % Calculation

Altius Telecom Infrastructure Trust'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 )
=34664/( ( (513312 - 34475) + (496585 - 41875) )/ 2 )
=34664/( (478837+454710)/ 2 )
=34664/466773.5
=7.43 %

Altius Telecom Infrastructure Trust'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 )
=39932/( ( (0 - 0) + (779097 - 60133) )/ 1 )
=39932/( ( 0 + 718964 )/ 1 )
=39932/718964
=5.55 %

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

* 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.


Altius Telecom Infrastructure Trust  (BOM:543225) 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.


Altius Telecom Infrastructure Trust ROCE % Related Terms

Thank you for viewing the detailed overview of Altius Telecom Infrastructure Trust's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Altius Telecom Infrastructure Trust Business Description

Traded in Other Exchanges
N/A
Address
LBS Marg, Equinox Business Park, Unit 1, 9th Floor, Tower 4, Kurla (West), Mumbai, MH, IND, 400070
Altius Telecom Infrastructure Trust Formerly Data Infrastructure Trust operates as an infrastructure investment trust. Its objective is to carry on the activity of investment in infrastructure projects which involves the business of providing tower infrastructure and related operations and maintenance services.

Altius Telecom Infrastructure Trust Headlines

No Headlines