SBI Holdings (TSE:8473) ROCE % : 1.30% (As of Mar. 2024)

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What is SBI Holdings 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. SBI Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.30%.

SBI Holdings ROCE % Historical Data

The historical data trend for SBI Holdings'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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SBI Holdings ROCE % Chart

SBI Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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1.70

3.98

2.69

1.36

1.25

SBI Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															2.50	1.87	0.87	0.97	1.30

SBI Holdings ROCE % Calculation

SBI Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	137293	/	( ( (22310728 - 13533290)	+	(27209391 - 14008251) )	/ 2 )
	=	137293	/	( (8777438	+	13201140)	/ 2 )
	=	137293	/	10989289
	=	1.25 %

SBI Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	160232	/	( ( (24770565 - 13306312)	+	(27209391 - 14008251) )	/ 2 )
	=	160232	/	( ( 11464253	+	13201140 )	/ 2 )
	=	160232	/	12332696.5
	=	1.30 %

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

SBI Holdings (TSE:8473) 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.

SBI Holdings ROCE % Related Terms

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SBI Holdings (TSE:8473) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SBI Holdings Inc (TSE:8473) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SBHGF:USA ZOF:Germany ZOF:Germany

Address

1-6-1, Roppongi, Minato-ku, Tokyo, JPN, 106-6019

Website

http://www.sbigroup.co.jp

SBI Holdings Inc is a financial conglomerate that offers a variety of services in securities, banking, and insurance. Operations are divided into financial services, asset management, and biotechnology-related business. Many of the traditional financial offerings fall under the financial services arm and include housing loans and foreign exchange margin trading in addition to the primary banking and insurance businesses. Under the asset management business, the group invests in Japanese and international venture companies that operate in IT, biotechnology, environment/energy, and finance. Aside from financial services, cosmetics, health foods, and drugs are developed by subsidiaries in the biotech-related business.

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