Kitalive (SSE:5039) ROCE % : 23.92% (As of Mar. 2024)

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What is Kitalive 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. Kitalive's annualized ROCE % for the quarter that ended in Mar. 2024 was 23.92%.

Kitalive ROCE % Historical Data

The historical data trend for Kitalive'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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Kitalive ROCE % Chart

Kitalive Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

30.74

33.77

39.06

30.83

Kitalive Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial					56.79	17.35	22.90	27.61	23.92

Kitalive ROCE % Calculation

Kitalive's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	197.147	/	( ( (729.482 - 163.579)	+	(843.838 - 130.933) )	/ 2 )
	=	197.147	/	( (565.903	+	712.905)	/ 2 )
	=	197.147	/	639.404
	=	30.83 %

Kitalive's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	174.12	/	( ( (843.838 - 130.933)	+	(826.773 - 84.006) )	/ 2 )
	=	174.12	/	( ( 712.905	+	742.767 )	/ 2 )
	=	174.12	/	727.836
	=	23.92 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Kitalive (SSE:5039) 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.

Kitalive ROCE % Related Terms

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Kitalive (SSE:5039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kitalive Inc (SSE:5039) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-jo Nishi 1-1-5 Marumasu, Building No. 18 9th Floor, Kita-ku, Sapporo, JPN, 060-0807

Website

https://www.kitalive.co.jp

Kitalive Inc specializes in providing cloud integration services.

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