NETSOL Technologies (STU:NS9B) ROCE % : 7.53% (As of Mar. 2024)

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What is NETSOL 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. NETSOL Technologies's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.53%.

NETSOL Technologies ROCE % Historical Data

The historical data trend for NETSOL 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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NETSOL Technologies ROCE % Chart

NETSOL Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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18.88

3.97

5.41

4.59

-5.41

NETSOL Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															42.43	-50.08	7.39	14.58	7.53

NETSOL Technologies ROCE % Calculation

NETSOL Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-2.264	/	( ( (68.688 - 19.706)	+	(53.884 - 19.17) )	/ 2 )
	=	-2.264	/	( (48.982	+	34.714)	/ 2 )
	=	-2.264	/	41.848
	=	-5.41 %

NETSOL Technologies'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	2.768	/	( ( (52.702 - 16.334)	+	(58.242 - 21.062) )	/ 2 )
	=	2.768	/	( ( 36.368	+	37.18 )	/ 2 )
	=	2.768	/	36.774
	=	7.53 %

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

NETSOL Technologies (STU:NS9B) 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.

NETSOL Technologies ROCE % Related Terms

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NETSOL Technologies (STU:NS9B) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » NETSOL Technologies Inc (STU:NS9B) » Definitions » ROCE %

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NTWK:USA

Address

16000 Ventura Blvd, Suite 770, Encino, CA, USA, 91436

Website

https://www.netsoltech.com

NETSOL Technologies Inc is involved in providing information technology and enterprise software solutions. Its products and services include NFS Ascent, NFS Digital, Leasepak Cloud, Business consultancy, and information security services among others. The firm has North America, Europe, and Asia-Pacific segments, of which the majority of the revenue is derived from Asia-Pacific. It derives revenue from licensing, customization, enhancements, and maintenance of its financial applications. The company promotes and sells its products under the Netsol financial suite.

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