RIKEN KEIKI Co (TSE:7734) ROCE % : 15.75% (As of Dec. 2023)

View and export this data going back to 1961. Start your Free Trial

What is RIKEN KEIKI 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. RIKEN KEIKI Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.75%.

RIKEN KEIKI Co ROCE % Historical Data

The historical data trend for RIKEN KEIKI 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.

RIKEN KEIKI Co ROCE % Chart

RIKEN KEIKI Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

12.53

12.44

12.47

15.40

18.84

RIKEN KEIKI 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															23.28	10.10	21.27	16.57	15.75

RIKEN KEIKI Co ROCE % Calculation

RIKEN KEIKI 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 )
	=	11794.864	/	( ( (71606.484 - 12131.19)	+	(79746.745 - 14023.696) )	/ 2 )
	=	11794.864	/	( (59475.294	+	65723.049)	/ 2 )
	=	11794.864	/	62599.1715
	=	18.84 %

RIKEN KEIKI 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 )
	=	11424.012	/	( ( (85284.703 - 13542.195)	+	(85982.415 - 12643.31) )	/ 2 )
	=	11424.012	/	( ( 71742.508	+	73339.105 )	/ 2 )
	=	11424.012	/	72540.8065
	=	15.75 %

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

RIKEN KEIKI Co (TSE:7734) 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.

RIKEN KEIKI Co ROCE % Related Terms

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

RIKEN KEIKI Co (TSE:7734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RIKEN KEIKI Co Ltd (TSE:7734) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-7-6 Azusawa Itabashi-Ku, Tokyo, JPN, 174-8744

Website

http://www.rikenkeiki.co.jp

RIKEN KEIKI Co Ltd is a Japan-based company engaged in the business of manufacturing and selling of gas alarms. It offers fixed and portable flammable gas detectors, toxic gas detectors and oxygen deficiency prevention detectors, portable multi-gas monitors and environmental monitors.

RIKEN KEIKI Co (TSE:7734) Headlines

No Headlines