Beauty Kadan Holdings Co (TSE:3041) ROCE % : 24.69% (As of Mar. 2024)

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What is Beauty Kadan Holdings 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. Beauty Kadan Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 24.69%.

Beauty Kadan Holdings Co ROCE % Historical Data

The historical data trend for Beauty Kadan Holdings 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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Beauty Kadan Holdings Co ROCE % Chart

Beauty Kadan Holdings Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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1.92

-14.96

8.43

9.50

10.10

Beauty Kadan Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															15.37	16.01	-7.58	14.34	24.69

Beauty Kadan Holdings Co ROCE % Calculation

Beauty Kadan Holdings Co's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	140.776	/	( ( (2435.062 - 1050.692)	+	(2462.09 - 1059.826) )	/ 2 )
	=	140.776	/	( (1384.37	+	1402.264)	/ 2 )
	=	140.776	/	1393.317
	=	10.10 %

Beauty Kadan Holdings Co'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 )
	=	353.96	/	( ( (2616.661 - 1230.806)	+	(2787.624 - 1306.051) )	/ 2 )
	=	353.96	/	( ( 1385.855	+	1481.573 )	/ 2 )
	=	353.96	/	1433.714
	=	24.69 %

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

Beauty Kadan Holdings Co (TSE:3041) 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.

Beauty Kadan Holdings Co ROCE % Related Terms

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Beauty Kadan Holdings Co (TSE:3041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Beauty Kadan Holdings Co Ltd (TSE:3041) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-46, Distribution Danchi, Minami-ku, Kumamoto Ryutsudanchi, Kumamoto, JPN, 862-0967

Website

https://www.beauty-kadan.co.jp

Beauty Kadan Holdings Co Ltd formerly Beauty Kadan Co Ltd offers planning and setting up of flower-arrangement altars for funerals and other events. The company also wholesales fresh flowers and bridal flower business. It also has other businesses which includes System development business and Ceremonial business.

Beauty Kadan Holdings Co (TSE:3041) Headlines

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