AccelerateBS India (BOM:543938) ROCE % : -30.20% (As of Sep. 2023)

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What is AccelerateBS India 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. AccelerateBS India's annualized ROCE % for the quarter that ended in Sep. 2023 was -30.20%.

AccelerateBS India ROCE % Historical Data

The historical data trend for AccelerateBS India'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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AccelerateBS India ROCE % Chart

AccelerateBS India Annual Data

Trend

Mar20

Mar21

Mar22

ROCE %

194.44

79.47

33.91

AccelerateBS India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
ROCE %	-	-	-	-30.20

AccelerateBS India ROCE % Calculation

AccelerateBS India's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	4.069	/	( ( (18.095 - 7.827)	+	(20.065 - 6.333) )	/ 2 )
	=	4.069	/	( (10.268	+	13.732)	/ 2 )
	=	4.069	/	12
	=	33.91 %

AccelerateBS India's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2022 )		(Q: Sep. 2023 )
	=	-8.248	/	( ( (20.065 - 6.333)	+	(48.944 - 8.05) )	/ 2 )
	=	-8.248	/	( ( 13.732	+	40.894 )	/ 2 )
	=	-8.248	/	27.313
	=	-30.20 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

AccelerateBS India (BOM:543938) 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.

AccelerateBS India ROCE % Related Terms

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AccelerateBS India (BOM:543938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AccelerateBS India Ltd (BOM:543938) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off S.V. Road, Office 604, Quantum Tower, Ram Baug, Malad West, Mumbai, MH, IND, 400 064

Website

https://www.acceleratebs.com

AccelerateBS India Ltd is a Digital Technology Services company offering a multitude of boutique technology services to both B2B and B2C companies around the world. Its services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, and delivering powerful and scalable software systems.

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