Infibeam Avenues (NSE:INFIBEAM) ROCE % : 6.47% (As of Sep. 2024)

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What is Infibeam Avenues 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. Infibeam Avenues's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.47%.

Infibeam Avenues ROCE % Historical Data

The historical data trend for Infibeam Avenues'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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Infibeam Avenues ROCE % Chart

Infibeam Avenues Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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4.83

2.94

3.34

5.76

5.96

Infibeam Avenues 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															6.55	6.52	6.74	9.07	6.47

Infibeam Avenues ROCE % Calculation

Infibeam Avenues'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 )
	=	2099.44	/	( ( (41040.18 - 7834.75)	+	(52160.7 - 14864.67) )	/ 2 )
	=	2099.44	/	( (33205.43	+	37296.03)	/ 2 )
	=	2099.44	/	35250.73
	=	5.96 %

Infibeam Avenues'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 )
	=	2567.2	/	( ( (0 - 0)	+	(52447.5 - 12740.6) )	/ 1 )
	=	2567.2	/	( ( 0	+	39706.9 )	/ 1 )
	=	2567.2	/	39706.9
	=	6.47 %

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

Infibeam Avenues (NSE:INFIBEAM) 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.

Infibeam Avenues ROCE % Related Terms

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Infibeam Avenues Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Infibeam Avenues Ltd (NSE:INFIBEAM) » Definitions » ROCE %

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539807:India

Address

Road-5C, Zone-5, Gift City, 28th Floor, GIFT Two Building, Block No. 56, Taluka and District - Gandhinagar, Gandhinagar, GJ, IND, 382355

Website

https://www.ia.ooo

Infibeam Avenues Ltd is engaged in the business of software development services, maintenance, web development, payment gateway services, e-commerce, and other ancillary services. The company's geographical segment includes India, UAE, and other countries. The company operates in two business segments. The Payment Business encompasses the Payment Gateway business under the CC Avenue brand, along with payment infrastructure such as CPGS for banks, and Credit & Lending services. The E-Commerce Platform Business focuses on providing Software Framework & Infrastructure for large enterprises to facilitate E-Commerce, alongside related services including domains and advertising. It derives a majority of its revenue from India.

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