NIIT Learning Systems (BOM:543952) ROCE % : 24.59% (As of Dec. 2024)

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What is NIIT Learning Systems 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. NIIT Learning Systems's annualized ROCE % for the quarter that ended in Dec. 2024 was 24.59%.

NIIT Learning Systems ROCE % Historical Data

The historical data trend for NIIT Learning Systems'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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NIIT Learning Systems ROCE % Chart

NIIT Learning Systems Annual Data

Trend

Mar23

Mar24

ROCE %

21.55

26.69

NIIT Learning Systems Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					27.60	23.60	28.67	24.57	24.59

NIIT Learning Systems ROCE % Calculation

NIIT Learning Systems'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 )
	=	3085.14	/	( ( (17069.56 - 6295.56)	+	(20331.37 - 7988.6) )	/ 2 )
	=	3085.14	/	( (10774	+	12342.77)	/ 2 )
	=	3085.14	/	11558.385
	=	26.69 %

NIIT Learning Systems's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	3269.4	/	( ( (20372.91 - 7079.54)	+	(0 - 0) )	/ 1 )
	=	3269.4	/	( ( 13293.37	+	0 )	/ 1 )
	=	3269.4	/	13293.37
	=	24.59 %

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

NIIT Learning Systems (BOM:543952) 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.

NIIT Learning Systems ROCE % Related Terms

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NIIT Learning Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » NIIT Learning Systems Ltd (BOM:543952) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NIITMTS:India

Address

Infocity, A-24, Sector 34, Gurugram, HR, IND, 122001

Website

https://www.niit.com

NIIT Learning Systems Ltd is engaged in providing managed training solutions which predominantly include technology-based solutions for learning and education management to improve efficiency and effectiveness to customers in the education sector in India and international markets. The company also offers a comprehensive suite of solutions including content, learning delivery, assessment, and technology for students and teachers, as well as solutions for institution administration and management. Geographically, the company derives a majority of its revenue from America, and the rest from Europe, India, and the rest of the world.

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