Susmed (TSE:4263) ROCE % : -10.82% (As of Mar. 2024)

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What is Susmed 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. Susmed's annualized ROCE % for the quarter that ended in Mar. 2024 was -10.82%.

Susmed ROCE % Historical Data

The historical data trend for Susmed'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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Susmed ROCE % Chart

Susmed Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

-44.79

-34.42

-7.12

-0.99

Susmed Quarterly Data
	Jun20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								23.01	-11.15	-12.51	4.41	-10.82

Susmed ROCE % Calculation

Susmed'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 )
	=	-48.316	/	( ( (4943.723 - 87.689)	+	(5101.124 - 224.677) )	/ 2 )
	=	-48.316	/	( (4856.034	+	4876.447)	/ 2 )
	=	-48.316	/	4866.2405
	=	-0.99 %

Susmed'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 )
	=	-518.236	/	( ( (5172.011 - 324.814)	+	(5045.791 - 314.024) )	/ 2 )
	=	-518.236	/	( ( 4847.197	+	4731.767 )	/ 2 )
	=	-518.236	/	4789.482
	=	-10.82 %

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

Susmed (TSE:4263) 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.

Susmed ROCE % Related Terms

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Susmed (TSE:4263) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Susmed Inc (TSE:4263) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7-2, Honcho, Nihombashihoncho, Chuo-ku, Tokyo, JPN, 103-0023

Website

https://www.susmed.co.jp

Susmed Inc is engaged in the development of medical equipment and software systems Collection and distribution of medical information.

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