Le Travenues Technology (BOM:544192) ROCE % : 14.59% (As of Dec. 2024)

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What is Le Travenues Technology 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. Le Travenues Technology's annualized ROCE % for the quarter that ended in Dec. 2024 was 14.59%.

Le Travenues Technology ROCE % Historical Data

The historical data trend for Le Travenues Technology'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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Le Travenues Technology ROCE % Chart

Le Travenues Technology Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

-251.76

-120.87

8.47

-6.13

5.20

Le Travenues Technology Quarterly Data
	Mar19	Mar20	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							-	13.03	16.71	12.51	14.59

Le Travenues Technology ROCE % Calculation

Le Travenues Technology's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	216.23	/	( ( (5384.71 - 1363.17)	+	(5859.25 - 1562.84) )	/ 2 )
	=	216.23	/	( (4021.54	+	4296.41)	/ 2 )
	=	216.23	/	4158.975
	=	5.20 %

Le Travenues Technology'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 )
	=	882.96	/	( ( (7910.64 - 1860.37)	+	(0 - 0) )	/ 1 )
	=	882.96	/	( ( 6050.27	+	0 )	/ 1 )
	=	882.96	/	6050.27
	=	14.59 %

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

Le Travenues Technology (BOM:544192) 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.

Le Travenues Technology ROCE % Related Terms

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Le Travenues Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Le Travenues Technology Ltd (BOM:544192) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

IXIGO:India

Address

Golf Course Road, Second Floor, Veritas Building, Sector - 53, Gurugram, HR, IND, 122002

Website

https://www.ixigo.com

Le Travenues Technology Ltd is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on the OTA platforms, comprising its websites and mobile applications. The company's reportable segments include Flight, Train, Bus, and Other services. Maximum revenue is generated from its Train ticketing services followed by the Flight and other segments. Geographically, it predominantly provides services to customers in India.

Le Travenues Technology Headlines

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