Anlon Technology Solutions (NSE:ANLON) ROCE % : 25.01% (As of Sep. 2023)

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

What is Anlon Technology Solutions 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. Anlon Technology Solutions's annualized ROCE % for the quarter that ended in Sep. 2023 was 25.01%.

Anlon Technology Solutions ROCE % Historical Data

The historical data trend for Anlon Technology Solutions'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.

Anlon Technology Solutions ROCE % Chart

Anlon Technology Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

44.87

41.79

61.80

40.57

Anlon Technology Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			-	-	81.37	34.75	25.01

Anlon Technology Solutions ROCE % Calculation

Anlon Technology Solutions'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 )
	=	70.304	/	( ( (209.689 - 129.44)	+	(339.276 - 72.915) )	/ 2 )
	=	70.304	/	( (80.249	+	266.361)	/ 2 )
	=	70.304	/	173.305
	=	40.57 %

Anlon Technology Solutions'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. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	68.726	/	( ( (339.276 - 72.915)	+	(386.375 - 103.05) )	/ 2 )
	=	68.726	/	( ( 266.361	+	283.325 )	/ 2 )
	=	68.726	/	274.843
	=	25.01 %

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

Anlon Technology Solutions (NSE:ANLON) 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.

Anlon Technology Solutions ROCE % Related Terms

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

Anlon Technology Solutions (NSE:ANLON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anlon Technology Solutions Ltd (NSE:ANLON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Apparel Park, Phase II, Plot No.22, Doddaballapur Integrated Textile Park SW-5, Industrial Area, Doddaballapur, KA, IND, 561203

Website

https://www.anlon.co

Anlon Technology Solutions Ltd is primarily engaged in the business of providing engineering services. The company has two reportable segments such as Engineering services and Designing, Fabrication, and Installation Services. It generates majority of its revenue from Engineering services segment. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries. It offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and fire fighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components.

Anlon Technology Solutions (NSE:ANLON) Headlines

No Headlines