Kohsai Co (TSE:7878) ROCE % : 12.71% (As of Jan. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Kohsai 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. Kohsai Co's annualized ROCE % for the quarter that ended in Jan. 2024 was 12.71%.

Kohsai Co ROCE % Historical Data

The historical data trend for Kohsai 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.

Kohsai Co ROCE % Chart

Kohsai Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

Get a 7-Day Free Trial

8.30

3.33

1.73

3.61

8.51

Kohsai Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															1.41	4.93	6.24	10.43	12.71

Kohsai Co ROCE % Calculation

Kohsai Co's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	120.989	/	( ( (2608.129 - 1233.284)	+	(2751.632 - 1284.472) )	/ 2 )
	=	120.989	/	( (1374.845	+	1467.16)	/ 2 )
	=	120.989	/	1421.0025
	=	8.51 %

Kohsai Co's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	183.836	/	( ( (2699.967 - 1275.168)	+	(2751.632 - 1284.472) )	/ 2 )
	=	183.836	/	( ( 1424.799	+	1467.16 )	/ 2 )
	=	183.836	/	1445.9795
	=	12.71 %

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

Kohsai Co (TSE:7878) 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.

Kohsai Co ROCE % Related Terms

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

Kohsai Co (TSE:7878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kohsai Co Ltd (TSE:7878) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3049 Ryuji, Yamanashi prefecture, Kai-shi, JPN, 400-0194

Website

http://www.kohsai-qq.co.jp

Kohsai Co Ltd engages in the jewelry business. The company manufactures and sells of jewelry, metal accessories, and jewelry parts. It also provides property, casualty, and life insurance services. Its products include clasps, rings, pierce/catches, earrings, and pendants, men's cuff, rings and others.

Kohsai Co (TSE:7878) Headlines

No Headlines