Trust Fintech (NSE:TRUST) ROCE % : 63.16% (As of Sep. 2023)

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

What is Trust Fintech 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. Trust Fintech's annualized ROCE % for the quarter that ended in Sep. 2023 was 63.16%.

Trust Fintech ROCE % Historical Data

The historical data trend for Trust Fintech'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.

Trust Fintech ROCE % Chart

Trust Fintech Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

21.52

12.17

24.98

Trust Fintech Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
ROCE %	-	-	-	63.16

Trust Fintech ROCE % Calculation

Trust Fintech'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 )
	=	54.595	/	( ( (195.872 - 30.703)	+	(311.889 - 39.906) )	/ 2 )
	=	54.595	/	( (165.169	+	271.983)	/ 2 )
	=	54.595	/	218.576
	=	24.98 %

Trust Fintech'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 )
	=	194.78	/	( ( (311.889 - 39.906)	+	(398.943 - 54.166) )	/ 2 )
	=	194.78	/	( ( 271.983	+	344.777 )	/ 2 )
	=	194.78	/	308.38
	=	63.16 %

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

Trust Fintech (NSE:TRUST) 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.

Trust Fintech ROCE % Related Terms

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

Trust Fintech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trust Fintech Ltd (NSE:TRUST) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gayatri Nagar Parsodi, Plot No. 11/4, I.T. Park, Nagpur, MH, IND, 440022

Website

https://www.softtrust.com

Trust Fintech Ltd is engaged in software development services and software solutions. The company delivers Software Solutions and Services across Banking, ERP Implementation, Customized Software Development, SAP B1, and Offshore IT Services. Its products are TrustBankCBS, MicroFinS, Loan Origination, GST Software, ERP Products, Fintech API, Digital Interface, Mobility Apps, BFSI Statutory Reports (ADF), Universal Digital Reconciliation, and others.

Trust Fintech Headlines

No Headlines