Alink Internet (TSE:7077) ROCE % : 4.08% (As of Nov. 2023)

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What is Alink Internet 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. Alink Internet's annualized ROCE % for the quarter that ended in Nov. 2023 was 4.08%.

Alink Internet ROCE % Historical Data

The historical data trend for Alink Internet'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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Alink Internet ROCE % Chart

Alink Internet Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

ROCE %

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50.08

33.11

16.13

13.93

12.74

Alink Internet Quarterly Data
	Feb18	Feb19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															11.70	5.41	5.74	8.76	4.08

Alink Internet ROCE % Calculation

Alink Internet's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	202.686	/	( ( (1805.071 - 118.276)	+	(1561.593 - 67.164) )	/ 2 )
	=	202.686	/	( (1686.795	+	1494.429)	/ 2 )
	=	202.686	/	1590.612
	=	12.74 %

Alink Internet's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	64.436	/	( ( (1682.59 - 108.588)	+	(1640.573 - 55.305) )	/ 2 )
	=	64.436	/	( ( 1574.002	+	1585.268 )	/ 2 )
	=	64.436	/	1579.635
	=	4.08 %

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

Alink Internet (TSE:7077) 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.

Alink Internet ROCE % Related Terms

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Alink Internet (TSE:7077) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Alink Internet Inc (TSE:7077) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 801, Sanju Sobukicho Building, 337 Yamabuki-cho, Shinjuku-ku, Tokyo, JPN, 162-0801

Website

https://www.alink.ne.jp

Alink Internet Inc is a provider of weather forecasts according to the device and usage style. The company provides observation data, disaster prevention information such as earthquakes and tsunamis, and provide weather information.

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