Tracxn Technologies (BOM:543638) ROCE % : 10.69% (As of Dec. 2023)

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What is Tracxn 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. Tracxn Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.69%.

Tracxn Technologies ROCE % Historical Data

The historical data trend for Tracxn 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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Tracxn Technologies ROCE % Chart

Tracxn Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

-60.87

-55.16

-7.09

7.89

Tracxn Technologies Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-	10.69	-0.16	11.72	10.69

Tracxn Technologies ROCE % Calculation

Tracxn Technologies'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 )
	=	34.29	/	( ( (540.145 - 298.463)	+	(972.955 - 345.608) )	/ 2 )
	=	34.29	/	( (241.682	+	627.347)	/ 2 )
	=	34.29	/	434.5145
	=	7.89 %

Tracxn Technologies'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 )
	=	72.7	/	( ( (1011.378 - 331.207)	+	(0 - 0) )	/ 1 )
	=	72.7	/	( ( 680.171	+	0 )	/ 1 )
	=	72.7	/	680.171
	=	10.69 %

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

Tracxn Technologies (BOM:543638) 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.

Tracxn Technologies ROCE % Related Terms

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Tracxn Technologies (BOM:543638) Business Description

Industry

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Traded in Other Exchanges

TRACXN:India

Address

Sector 6, H.S.R. Layout, L-248, 2nd Floor, 17th Cross, Bengaluru, KA, IND, 560 102

Website

https://www.tracxn.com

Tracxn Technologies Ltd provides market intelligence data for private companies. The company's extensive global database and customized solutions and features allow its customers to source and track companies across sectors and geographies to address requirements. It offers private company data to its customers for deal sourcing, identifying M&A targets, deal diligence, analysis, and tracking emerging themes across industries and markets, among other uses, through its Tracxn platform. Geographically the company generates its revenue from India, the United states of America, and other countries.

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