Kinjiro Co (TSE:4013) ROCE % : 4.47% (As of Mar. 2024)

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

What is Kinjiro 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. Kinjiro Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.47%.

Kinjiro Co ROCE % Historical Data

The historical data trend for Kinjiro 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.

Kinjiro Co ROCE % Chart

Kinjiro Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

27.24

8.52

2.54

4.23

4.99

Kinjiro Co Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													5.06	5.51	3.99	5.50	4.47

Kinjiro Co ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	576.171	/	( ( (12653.11 - 1076.622)	+	(12787.232 - 1254.81) )	/ 2 )
	=	576.171	/	( (11576.488	+	11532.422)	/ 2 )
	=	576.171	/	11554.455
	=	4.99 %

Kinjiro Co'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 )
	=	511.808	/	( ( (12787.232 - 1254.81)	+	(12393.779 - 1005.177) )	/ 2 )
	=	511.808	/	( ( 11532.422	+	11388.602 )	/ 2 )
	=	511.808	/	11460.512
	=	4.47 %

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

Kinjiro Co (TSE:4013) 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.

Kinjiro Co ROCE % Related Terms

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

Kinjiro Co (TSE:4013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kinjiro Co Ltd (TSE:4013) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-14-1 Sotokanda, Chiyoda-ku, Tokyo, JPN, 101-0021

Website

https://www.nittsusystem.co.jp

Kinjiro Co Ltd, formerly Nittsusystem Co Ltd is engaged in provision of cloud-based and on-premises unified ERP services for Human Resource Management solutions. The company develops and sells ERP packages centered on work; provides ASP/SaaS services; Health x Life Development and sales of portal system; develops and sells of labor cost management system; hardware such as work terminals; and provides consulting to system construction and support. Its products include Kujiro Enterprise series; Work solutions, HR solutions, Payroll solutions, Healthcare solutions, Labor cost management system; and Employment information terminal.

Kinjiro Co (TSE:4013) Headlines

No Headlines