Bushiroad (TSE:7803) ROCE % : -3.50% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Bushiroad 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. Bushiroad's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.50%.

Bushiroad ROCE % Historical Data

The historical data trend for Bushiroad'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.

Bushiroad ROCE % Chart

Bushiroad Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jun22

ROCE %

4.78

35.34

24.28

14.12

18.62

Bushiroad Quarterly Data
	Jul18	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															4.21	10.12	14.76	9.81	-3.50

Bushiroad ROCE % Calculation

Bushiroad's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: Jul. 2020 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: Jul. 2020 )		(A: Jun. 2022 )
	=	4941.897	/	( ( (34518.35 - 10179.434)	+	(43721.012 - 14971.75) )	/ 2 )
	=	4941.897	/	( (24338.916	+	28749.262)	/ 2 )
	=	4941.897	/	26544.089
	=	18.62 %

Bushiroad'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 )
	=	-1152.944	/	( ( (48023.799 - 15323.248)	+	(47332.872 - 14122.583) )	/ 2 )
	=	-1152.944	/	( ( 32700.551	+	33210.289 )	/ 2 )
	=	-1152.944	/	32955.42
	=	-3.50 %

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

Bushiroad (TSE:7803) 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.

Bushiroad ROCE % Related Terms

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

Bushiroad (TSE:7803) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Bushiroad Inc (TSE:7803) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sumitomo Nakanosakaue Building, 1-38-1, Chuo, Nakano - ku, Tokyo, JPN, 164-0011

Website

https://www.bushiroad.co.jp

Bushiroad Inc is engaged in the development, manufacturing and sales of trading card games using various IPs, mobile online games, video and music contents, events and goods.

Bushiroad (TSE:7803) Headlines

No Headlines