Ondeck Co (TSE:7360) ROCE % : 15.70% (As of Feb. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ondeck 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. Ondeck Co's annualized ROCE % for the quarter that ended in Feb. 2024 was 15.70%.

Ondeck Co ROCE % Historical Data

The historical data trend for Ondeck 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.

Ondeck Co ROCE % Chart

Ondeck Co Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

Get a 7-Day Free Trial

28.26

25.65

4.20

17.61

-18.39

Ondeck Co Quarterly Data
	Nov18	Nov19	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial												-35.95	-22.96	-17.78	11.26	15.70

Ondeck Co ROCE % Calculation

Ondeck Co's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-199.442	/	( ( (1774.963 - 493.592)	+	(1024.348 - 136.863) )	/ 2 )
	=	-199.442	/	( (1281.371	+	887.485)	/ 2 )
	=	-199.442	/	1084.428
	=	-18.39 %

Ondeck Co's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	141.252	/	( ( (1024.348 - 136.863)	+	(1013.397 - 101.735) )	/ 2 )
	=	141.252	/	( ( 887.485	+	911.662 )	/ 2 )
	=	141.252	/	899.5735
	=	15.70 %

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

Ondeck Co (TSE:7360) 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.

Ondeck Co ROCE % Related Terms

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

Ondeck Co (TSE:7360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ondeck Co Ltd (TSE:7360) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9-28 Kyutaromachi, Matsuura Sakaisuji Honmachi Building 2nd Floor, Chuo-ku, Osaka, JPN, 541-0056

Website

https://www.ondeck.jp

Ondeck Co Ltd specializes in supporting merger and acquisition (M&A) of small and medium businesses. It operates as an intermediary in M&A, and also provides various advisory services related to corporate and business revitalization and restructuring.

Ondeck Co (TSE:7360) Headlines

No Headlines