Logica Infoway (BOM:543746) ROCE % : 31.19% (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Logica Infoway 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. Logica Infoway's annualized ROCE % for the quarter that ended in Sep. 2024 was 31.19%.

Logica Infoway ROCE % Historical Data

The historical data trend for Logica Infoway'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.

Logica Infoway ROCE % Chart

Logica Infoway Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

20.19

21.39

19.50

22.29

32.19

Logica Infoway Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			21.82	26.22	26.31	38.39	31.19

Logica Infoway ROCE % Calculation

Logica Infoway'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 )
	=	195.333	/	( ( (1541.106 - 964.998)	+	(2182.423 - 1544.98) )	/ 2 )
	=	195.333	/	( (576.108	+	637.443)	/ 2 )
	=	195.333	/	606.7755
	=	32.19 %

Logica Infoway'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	203.37	/	( ( (2182.423 - 1544.98)	+	(2478.575 - 1812.026) )	/ 2 )
	=	203.37	/	( ( 637.443	+	666.549 )	/ 2 )
	=	203.37	/	651.996
	=	31.19 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Logica Infoway (BOM:543746) 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.

Logica Infoway ROCE % Related Terms

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

Logica Infoway Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Logica Infoway Ltd (BOM:543746) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Saklat Place, 1st Floor, Kolkata, WB, IND, 700 072

Website

https://www.easternlogica.com

Logica Infoway Ltd is engaged in the business of multi-brand retail and retail selling. It also operates as a distributor of branded smartphones, IT hardware, software, and allied accessories and services. The firm also provides networking and security solutions to consumers. The company is engaged in trading computers, laptops, mobile and mobile accessories in head office Kolkata and mobiles and laptops in branches.

Logica Infoway Headlines

No Headlines