J Lease Co (TSE:7187) ROCE % : 61.61% (As of Dec. 2023)

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

What is J Lease 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. J Lease Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 61.61%.

J Lease Co ROCE % Historical Data

The historical data trend for J Lease 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.

J Lease Co ROCE % Chart

J Lease Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-14.36

11.34

77.72

98.62

79.91

J Lease Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															75.71	78.73	60.18	57.69	61.61

J Lease Co ROCE % Calculation

J Lease Co'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 )
	=	2482.577	/	( ( (8832.455 - 6247.775)	+	(9755.912 - 6127.058) )	/ 2 )
	=	2482.577	/	( (2584.68	+	3628.854)	/ 2 )
	=	2482.577	/	3106.767
	=	79.91 %

J Lease Co'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 )
	=	2572.272	/	( ( (10235.833 - 6133.218)	+	(10359.172 - 6111.981) )	/ 2 )
	=	2572.272	/	( ( 4102.615	+	4247.191 )	/ 2 )
	=	2572.272	/	4174.903
	=	61.61 %

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

J Lease Co (TSE:7187) 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.

J Lease Co ROCE % Related Terms

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

J Lease Co (TSE:7187) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » J Lease Co Ltd (TSE:7187) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3-19 Miyakocho, Oita Chuo Building, 7th floor, Yubinbango, Oita, JPN, 870-0034

Website

https://www.j-lease.jp

J Lease Co Ltd is engaged in rent debt guarantee business and real estate brokerage business. It provides real estate rental agency and management and buying and selling agency services. It also has a medical expenses obligation guarantee business.

J Lease Co (TSE:7187) Headlines

No Headlines