Super Tool Co (TSE:5990) ROCE % : 3.89% (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Super Tool 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. Super Tool Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.89%.

Super Tool Co ROCE % Historical Data

The historical data trend for Super Tool 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.

* Premium members only.

Super Tool Co ROCE % Chart

Super Tool Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

7.97

4.55

5.59

4.70

3.74

Super Tool 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															2.83	3.02	4.23	3.86	3.89

Super Tool Co ROCE % Calculation

Super Tool Co's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	450.066	/	( ( (12982.912 - 1045.741)	+	(13103.217 - 984.949) )	/ 2 )
	=	450.066	/	( (11937.171	+	12118.268)	/ 2 )
	=	450.066	/	12027.7195
	=	3.74 %

Super Tool 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 )
	=	469.416	/	( ( (13112.843 - 1107.818)	+	(13103.217 - 984.949) )	/ 2 )
	=	469.416	/	( ( 12005.025	+	12118.268 )	/ 2 )
	=	469.416	/	12061.6465
	=	3.89 %

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

Super Tool Co (TSE:5990) 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.

Super Tool Co ROCE % Related Terms

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

Super Tool Co (TSE:5990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Super Tool Co Ltd (TSE:5990) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

158, Minoyama Naka-Ku, Osaka Prefecture, Sakai, JPN, 599-8243

Website

http://www.supertool.co.jp

Super Tool Co Ltd manufactures industrial tools and material handling equipment. It manufactures general tool, specialized tool, super tool. Its products include wrenches, plumbing devices, pullers, lifting clamps, and jib cranes, as well as custom tools and machinery made to meet customers specifications.

Super Tool Co (TSE:5990) Headlines

No Headlines