Infronics Systems (BOM:537985) ROCE % : 50.85% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Infronics Systems 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. Infronics Systems's annualized ROCE % for the quarter that ended in Dec. 2023 was 50.85%.

Infronics Systems ROCE % Historical Data

The historical data trend for Infronics Systems'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.

Infronics Systems ROCE % Chart

Infronics Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

98.23

Infronics Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															12.81	85.61	186.23	81.54	50.85

Infronics Systems ROCE % Calculation

Infronics Systems'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 )
	=	9.508	/	( ( (22.383 - 30.544)	+	(55.838 - 28.319) )	/ 2 )
	=	9.508	/	( (-8.161	+	27.519)	/ 2 )
	=	9.508	/	9.679
	=	98.23 %

Infronics Systems's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	21.004	/	( ( (65.591 - 24.287)	+	(0 - 0) )	/ 1 )
	=	21.004	/	( ( 41.304	+	0 )	/ 1 )
	=	21.004	/	41.304
	=	50.85 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Infronics Systems (BOM:537985) 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.

Infronics Systems ROCE % Related Terms

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

Infronics Systems (BOM:537985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infronics Systems Ltd (BOM:537985) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No: 30, 31, Brigade Towers, West Wing, First Floor, Nanakramguda, Gachibowli, District - Rangareddi, Hyderabad, TG, IND, 500032

Website

https://www.infronics.com

Infronics Systems Ltd is engaged in technology-enabled information technology solutions. The company offers industry-specific software and hardware solutions. The company designs and exports various applications and products like Real-time locating systems (RTLS), Smart Certificate and Radio Frequency Identification (RFID) in India and as well as overseas. The company revenue is being generated by Software Development.

Infronics Systems (BOM:537985) Headlines

No Headlines