Tsutsumi Jewelry Co (Tsutsumi Jewelry Co) ROCE % : 4.15% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Tsutsumi Jewelry 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. Tsutsumi Jewelry Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.15%.

Tsutsumi Jewelry Co ROCE % Historical Data

The historical data trend for Tsutsumi Jewelry 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.

Tsutsumi Jewelry Co ROCE % Chart

Tsutsumi Jewelry Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

1.15

0.97

1.54

2.08

2.36

Tsutsumi Jewelry Co 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															2.16	0.94	1.85	4.15	3.02

Tsutsumi Jewelry Co ROCE % Calculation

Tsutsumi Jewelry Co'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 )
	=	11.16	/	( ( (511.311 - 12.883)	+	(461.058 - 13.777) )	/ 2 )
	=	11.16	/	( (498.428	+	447.281)	/ 2 )
	=	11.16	/	472.8545
	=	2.36 %

Tsutsumi Jewelry 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 )
	=	18.948	/	( ( (460.252 - 10.173)	+	(473.054 - 9.994) )	/ 2 )
	=	18.948	/	( ( 450.079	+	463.06 )	/ 2 )
	=	18.948	/	456.5695
	=	4.15 %

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

Tsutsumi Jewelry Co (OTCPK:TSSJF) 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.

Tsutsumi Jewelry Co ROCE % Related Terms

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

Tsutsumi Jewelry Co (Tsutsumi Jewelry Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tsutsumi Jewelry Co Ltd (OTCPK:TSSJF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

7937:Japan

Address

4-24-26, Chuo Saitama-ken, Saitama-ken, Warabi-shi, JPN, 335-0004

Website

http://www.tsutsumi.co.jp

Tsutsumi Jewelry Co Ltd is a Japan-based jewelry company engages in the manufacture, wholesale and retail of jewelry, precious stones, and accessories. Its products include rings, necklaces, bracelets, anklets, pendants, brooches, straps, and accessories. It imports gems; manufactures jewelry; and operates jewelry specialty store under the name Jewelry Tsutsumi.

Tsutsumi Jewelry Co (Tsutsumi Jewelry Co) Headlines

No Headlines