Intrasoft Technologies (NSE:ISFT) ROCE % : 7.40% (As of Dec. 2023)

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What is Intrasoft 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. Intrasoft Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.40%.

Intrasoft Technologies ROCE % Historical Data

The historical data trend for Intrasoft 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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Intrasoft Technologies ROCE % Chart

Intrasoft Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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3.39

3.02

4.56

5.86

6.12

Intrasoft Technologies 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															7.10	6.68	7.68	7.06	7.40

Intrasoft Technologies ROCE % Calculation

Intrasoft 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 )
	=	191.572	/	( ( (3306.05 - 382.068)	+	(3689.732 - 356.414) )	/ 2 )
	=	191.572	/	( (2923.982	+	3333.318)	/ 2 )
	=	191.572	/	3128.65
	=	6.12 %

Intrasoft 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 )
	=	252.616	/	( ( (3814.484 - 400.051)	+	(0 - 0) )	/ 1 )
	=	252.616	/	( ( 3414.433	+	0 )	/ 1 )
	=	252.616	/	3414.433
	=	7.40 %

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

Intrasoft Technologies (NSE:ISFT) 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.

Intrasoft Technologies ROCE % Related Terms

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Intrasoft Technologies (NSE:ISFT) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Intrasoft Technologies Ltd (NSE:ISFT) » Definitions » ROCE %

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533181:India

Address

145, Rash Behari Avenue, Suite 301, Kolkata, WB, IND, 700029

Website

https://www.itlindia.com

Intrasoft Technologies Ltd is engaged in the retail sale of products and services through the internet. It sells its products through its e-commerce retail platform. Its product profile includes furniture, patio, lawn and garden, musical instruments and gadgets, and art crafts, sports and outdoor, toys, games, kitchen and dining appliances. The majority of the revenue is generated from outside India. It generates revenue from a single business segment of Internet Based Delivery of Services.

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