Strike Company (TSE:6196) ROCE % : 36.65% (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Strike Company 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. Strike Company's annualized ROCE % for the quarter that ended in Dec. 2023 was 36.65%.

Strike Company ROCE % Historical Data

The historical data trend for Strike Company'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.

Strike Company ROCE % Chart

Strike Company Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Sep22

ROCE %

Get a 7-Day Free Trial

38.07

32.50

38.85

48.62

46.07

Strike Company Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															50.85	29.69	65.73	36.65	64.30

Strike Company ROCE % Calculation

Strike Company's annualized ROCE % for the fiscal year that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2022 )		(A: Aug. 2020 )		(A: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2022 )		(A: Aug. 2020 )		(A: Sep. 2022 )
	=	4224.399	/	( ( (9045.9 - 1954.87)	+	(12809.404 - 1560.854) )	/ 2 )
	=	4224.399	/	( (7091.03	+	11248.55)	/ 2 )
	=	4224.399	/	9169.79
	=	46.07 %

Strike Company'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 )
	=	5383.444	/	( ( (18285.355 - 3591.726)	+	(16573.192 - 1890.919) )	/ 2 )
	=	5383.444	/	( ( 14693.629	+	14682.273 )	/ 2 )
	=	5383.444	/	14687.951
	=	36.65 %

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

Strike Company (TSE:6196) 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.

Strike Company ROCE % Related Terms

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

Strike Company (TSE:6196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Strike Company Ltd (TSE:6196) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rokubancho SK Building 5F, 3 Rokubancho, Chiyoda-ku, Tokyo, JPN, 102-0085

Website

http://www.strike.co.jp

Strike Company Ltd is a Japan-based company mainly engaged in mergers and acquisitions (M&A) brokerage business. It primarily offers M&A intermediary advice, M&A mediation management, corporate value evaluation, corporate value improvement and financial consulting, due diligence work, corporate restoration support, corporate evaluation services and consulting services and various other related services.

Strike Company (TSE:6196) Headlines

No Headlines