BLS Infotech (BOM:531175) ROCE % : -0.38% (As of Dec. 2023)

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What is BLS Infotech 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. BLS Infotech's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.38%.

BLS Infotech ROCE % Historical Data

The historical data trend for BLS Infotech'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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BLS Infotech ROCE % Chart

BLS Infotech Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-0.78

-0.42

-0.37

-0.36

BLS Infotech 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															-0.44	-0.16	-	-	-0.38

BLS Infotech ROCE % Calculation

BLS Infotech'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 )
	=	-1.454	/	( ( (408.28 - 1.029)	+	(408.368 - 1.073) )	/ 2 )
	=	-1.454	/	( (407.251	+	407.295)	/ 2 )
	=	-1.454	/	407.273
	=	-0.36 %

BLS Infotech'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 )
	=	-1.56	/	( ( (408.307 - 1.066)	+	(0 - 0) )	/ 1 )
	=	-1.56	/	( ( 407.241	+	0 )	/ 1 )
	=	-1.56	/	407.241
	=	-0.38 %

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

BLS Infotech (BOM:531175) 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.

BLS Infotech ROCE % Related Terms

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BLS Infotech (BOM:531175) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » BLS Infotech Ltd (BOM:531175) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

1 / 1A Upper Wood Street, Kolkata, WB, IND, 700017

Website

http://www.blsinfotech.com

BLS Infotech Ltd is the provider of IT-enabled and related IT services. In addition, the company also engaged in the trading of computers and their peripherals. The company also supply of software kits as per the requirements of its customers and supply of hardware peripherals in a capacity as order suppliers. Substantial revenue is generated from the Indian market. The company is engaged in the business of promoting skill-based knowledge in the field of computer education and have its center in Orissa.

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