DiGiSPICE Technologies (NSE:DIGISPICE) ROCE % : -8.06% (As of Sep. 2024)

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What is DiGiSPICE Technologies 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. DiGiSPICE Technologies's annualized ROCE % for the quarter that ended in Sep. 2024 was -8.06%.

DiGiSPICE Technologies ROCE % Historical Data

The historical data trend for DiGiSPICE Technologies'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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DiGiSPICE Technologies ROCE % Chart

DiGiSPICE Technologies Annual Data

Trend

Jun14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-18.27

5.30

5.35

-2.28

24.92

DiGiSPICE Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															17.38	13.80	72.15	10.48	-8.06

DiGiSPICE Technologies ROCE % Calculation

DiGiSPICE Technologies'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 )
	=	620.411	/	( ( (7079.828 - 4648.668)	+	(6494.105 - 3946.552) )	/ 2 )
	=	620.411	/	( (2431.16	+	2547.553)	/ 2 )
	=	620.411	/	2489.3565
	=	24.92 %

DiGiSPICE Technologies'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-204.924	/	( ( (0 - 0)	+	(6752.5 - 4209.1) )	/ 1 )
	=	-204.924	/	( ( 0	+	2543.4 )	/ 1 )
	=	-204.924	/	2543.4
	=	-8.06 %

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

DiGiSPICE Technologies (NSE:DIGISPICE) 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.

DiGiSPICE Technologies ROCE % Related Terms

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DiGiSPICE Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DiGiSPICE Technologies Ltd (NSE:DIGISPICE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

517214:India

Address

Spice Global Knowledge Park, 19A & 19B, Sector-125, District Gautam Budh Nagar, Noida, UP, IND, 201 301

Website

https://www.digispice.com

DiGiSPICE Technologies Ltd is engaged in the Information and Communication Technology business providing Value Added Services, and Mobile Content services to domestic/international Telecom Operators. Also, the company undertakes the development and sale of telecom-related software. Its two operating segment includes Digital Technology Services (DiGiSPICE) and Financial Technology Services (Spice Money). Geographically, it derives a majority of revenue from Financial Technology Services (Spice Money). Its products include Banking Services, Cash/Loan EMI Collection, Account Opening, Loans/Credit, Bill Payments & Recharge, Ticket Booking and Government services.

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