Latent View Analytics (BOM:543398) ROCE % : 17.57% (As of Dec. 2023)

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What is Latent View Analytics 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. Latent View Analytics's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.57%.

Latent View Analytics ROCE % Historical Data

The historical data trend for Latent View Analytics'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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Latent View Analytics ROCE % Chart

Latent View Analytics Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

24.62

27.53

27.42

20.38

16.79

Latent View Analytics Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial											22.13	13.76	14.19	13.93	17.57

Latent View Analytics ROCE % Calculation

Latent View Analytics'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 )
	=	1913.4	/	( ( (10999.83 - 498.8)	+	(12630.55 - 339.57) )	/ 2 )
	=	1913.4	/	( (10501.03	+	12290.98)	/ 2 )
	=	1913.4	/	11396.005
	=	16.79 %

Latent View Analytics'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 )
	=	2291.88	/	( ( (13497.19 - 452.58)	+	(0 - 0) )	/ 1 )
	=	2291.88	/	( ( 13044.61	+	0 )	/ 1 )
	=	2291.88	/	13044.61
	=	17.57 %

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

Latent View Analytics (BOM:543398) 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.

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Latent View Analytics (BOM:543398) Business Description

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LATENTVIEW:India

Address

5th Floor, Neville Tower, Unit 6,7 and 8, Ramanujan IT City, Rajiv Gandhi Salai, Taramani, Chennai, TN, IND, 600113

Website

https://www.latentview.com

Latent View Analytics Ltd provides analytics services such as data and analytics consulting, business analytics and insights, advanced predictive analytics, data engineering, and digital solutions. The company provides services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industry domains.

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