GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kusurinomadoguchi Inc (TSE:5592) » Definitions » ROCE %

Kusurinomadoguchi (TSE:5592) ROCE % : 19.83% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Kusurinomadoguchi 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. Kusurinomadoguchi's annualized ROCE % for the quarter that ended in Dec. 2023 was 19.83%.


Kusurinomadoguchi ROCE % Historical Data

The historical data trend for Kusurinomadoguchi'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.

* Premium members only.

Kusurinomadoguchi ROCE % Chart

Kusurinomadoguchi Annual Data
Trend Mar22 Mar23
ROCE %
26.01 26.88

Kusurinomadoguchi Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23
ROCE % - - 57.93 43.22 19.83

Kusurinomadoguchi ROCE % Calculation

Kusurinomadoguchi'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 )
=847.089/( ( (11016.432 - 7806.119) + (12219.075 - 9125.486) )/ 2 )
=847.089/( (3210.313+3093.589)/ 2 )
=847.089/3151.951
=26.88 %

Kusurinomadoguchi'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 )
=1008.892/( ( (18681.449 - 15108.717) + (21301.644 - 14698.194) )/ 2 )
=1008.892/( ( 3572.732 + 6603.45 )/ 2 )
=1008.892/5088.091
=19.83 %

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

* 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.


Kusurinomadoguchi  (TSE:5592) 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.


Kusurinomadoguchi ROCE % Related Terms

Thank you for viewing the detailed overview of Kusurinomadoguchi's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kusurinomadoguchi (TSE:5592) Business Description

Traded in Other Exchanges
N/A
Address
2-43-1 Ikebukuro, 4th Floor, Ikebukuro Aoyagi Building, Toshima-ku, Tokyo, JPN, 171-0014
Kusurinomadoguchi Inc is engaged in providing solutions for pharmacies and medical care..

Kusurinomadoguchi (TSE:5592) Headlines

No Headlines