Enfuse Solutions (NSE:ENFUSE) ROCE % : 32.49% (As of Mar. 2024)

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What is Enfuse 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. Enfuse Solutions's annualized ROCE % for the quarter that ended in Mar. 2024 was 32.49%.

Enfuse Solutions ROCE % Historical Data

The historical data trend for Enfuse 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.

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Enfuse Solutions ROCE % Chart

Enfuse Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

112.12

76.09

68.21

32.49

Enfuse Solutions Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
ROCE %	112.12	76.09	68.21	32.49

Enfuse Solutions ROCE % Calculation

Enfuse Solutions'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 )
	=	74.255	/	( ( (115.89 - 46.101)	+	(469.798 - 82.519) )	/ 2 )
	=	74.255	/	( (69.789	+	387.279)	/ 2 )
	=	74.255	/	228.534
	=	32.49 %

Enfuse Solutions's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	74.255	/	( ( (115.89 - 46.101)	+	(469.798 - 82.519) )	/ 2 )
	=	74.255	/	( ( 69.789	+	387.279 )	/ 2 )
	=	74.255	/	228.534
	=	32.49 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

Enfuse Solutions (NSE:ENFUSE) 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.

Enfuse Solutions ROCE % Related Terms

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Enfuse Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Enfuse Solutions Ltd (NSE:ENFUSE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P G Vora Road, Unit No. 501-504, 5th Floor, Sai Arpan, B-11, Sai Complex, Old S. No. 254/PT(New), Survey Number, Besides Shanti Vihar, Mira Road (E), Thane, MH, IND, 401107

Website

https://www.enfuse-solutions.com

Enfuse Solutions Ltd is engaged in business of providing integrated Digital solutions. It provides solutions across various domains including (i) In Data Management & Analytics (ii) E-commerce & Digital Services (iii) Machine Learning & Artificial intelligence (iv) Edtech & Technology Solutions.

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