SYLA Technologies Co (SYLA Technologies Co) ROCE % : 3.13% (As of Jun. 2023)

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What is SYLA Technologies Co 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. SYLA Technologies Co's annualized ROCE % for the quarter that ended in Jun. 2023 was 3.13%.

SYLA Technologies Co ROCE % Historical Data

The historical data trend for SYLA Technologies Co'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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SYLA Technologies Co ROCE % Chart

SYLA Technologies Co Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

6.19

4.13

3.45

SYLA Technologies Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial			0.89	7.10	-0.12	7.08	3.13

SYLA Technologies Co ROCE % Calculation

SYLA Technologies Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	5.772	/	( ( (188.557 - 36.442)	+	(220.828 - 38.042) )	/ 2 )
	=	5.772	/	( (152.115	+	182.786)	/ 2 )
	=	5.772	/	167.4505
	=	3.45 %

SYLA Technologies Co's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	6.15	/	( ( (220.828 - 38.042)	+	(242.338 - 32.693) )	/ 2 )
	=	6.15	/	( ( 182.786	+	209.645 )	/ 2 )
	=	6.15	/	196.2155
	=	3.13 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

SYLA Technologies Co (NAS:SYT) 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.

SYLA Technologies Co ROCE % Related Terms

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SYLA Technologies Co (SYLA Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SYLA Technologies Co Ltd (NAS:SYT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-39 Hiroo, Ebisu Prime Square 7th Floor, Shibuya-ku, Tokyo, JPN

Website

https://www.syla-tech.jp

SYLA Technologies Co Ltd is a property technology company. It provides asset management platform systems that facilitate real estate crowd-funding as well as the purchase and sale of real estate.