Aimtron Electronics (NSE:AIMTRON) ROCE % : 0.00% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Aimtron Electronics 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. Aimtron Electronics's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Aimtron Electronics ROCE % Historical Data

The historical data trend for Aimtron Electronics'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.

Aimtron Electronics ROCE % Chart

Aimtron Electronics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

97.32

-6.69

47.88

35.42

Aimtron Electronics Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	31.85	42.31	-

Aimtron Electronics ROCE % Calculation

Aimtron Electronics'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 )
	=	203.657	/	( ( (951.309 - 446.637)	+	(926.238 - 280.939) )	/ 2 )
	=	203.657	/	( (504.672	+	645.299)	/ 2 )
	=	203.657	/	574.9855
	=	35.42 %

Aimtron Electronics'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 )
	=	0	/	( ( (926.238 - 280.939)	+	(1697.185 - 285.772) )	/ 2 )
	=	0	/	( ( 645.299	+	1411.413 )	/ 2 )
	=	0	/	1028.356
	=	0.00 %

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

Aimtron Electronics (NSE:AIMTRON) 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.

Aimtron Electronics ROCE % Related Terms

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

Aimtron Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aimtron Electronics Ltd (NSE:AIMTRON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No 1/A, G.I.D.C.Estate, Waghodia, Vadodara, GJ, IND, 391760

Website

https://www.aimtron.in

Aimtron Electronics Ltd is engaged in the business of providing products and solutions towards electronics system design and manufacturing (ESDM) services with a focus on high value precision engineering products. It provide product and solutions right from printed circuit board (PCB) design and assembly to the manufacturing of complete electronic systems (Box Build), to certain domestic and global manufacturers located in India, United States of America, Hongkong, United Kingdom, Spain, Mexico. The solutions comprises of: printed circuit board assembly (PCBA), any box build assemblies in addition to finding its application in battery management systems used in electrical vehicles, and design solutions offering end to end services.

Aimtron Electronics Headlines

No Headlines