Lifedrink Co (TSE:2585) ROCE % : 23.14% (As of Dec. 2023)

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What is Lifedrink 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. Lifedrink Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.14%.

Lifedrink Co ROCE % Historical Data

The historical data trend for Lifedrink 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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Lifedrink Co ROCE % Chart

Lifedrink Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

2.12

14.13

26.37

26.64

Lifedrink Co Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							27.70	19.47	35.16	33.54	23.14

Lifedrink Co ROCE % Calculation

Lifedrink Co'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 )
	=	3088	/	( ( (17133 - 7720)	+	(22165 - 8397) )	/ 2 )
	=	3088	/	( (9413	+	13768)	/ 2 )
	=	3088	/	11590.5
	=	26.64 %

Lifedrink Co'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 )
	=	4432	/	( ( (25345 - 6966)	+	(25342 - 5417) )	/ 2 )
	=	4432	/	( ( 18379	+	19925 )	/ 2 )
	=	4432	/	19152
	=	23.14 %

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

Lifedrink Co (TSE:2585) 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.

Lifedrink Co ROCE % Related Terms

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Lifedrink Co (TSE:2585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lifedrink Co Ltd (TSE:2585) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-10 Umeda, Osaka-shi Kita-ku, Umeda Dai Building, 10th floor, Osaka, JPN, 530-0001

Website

https://www.ld-company.com

Lifedrink Co Ltd is engaged in the manufacture and sales of beverage such as mineral water, tea-based beverages, carbonated beverages and others.

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