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JMDMF (Japan Medical Dynamic Marketing) ROCE % : 4.49% (As of Sep. 2024)


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What is Japan Medical Dynamic Marketing 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. Japan Medical Dynamic Marketing's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.49%.

Japan Medical Dynamic Marketing ROCE % Historical Data

The historical data trend for Japan Medical Dynamic Marketing'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.

Japan Medical Dynamic Marketing ROCE % Chart

Japan Medical Dynamic Marketing Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.83 9.48 11.38 6.70 5.92

Japan Medical Dynamic Marketing Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.30 8.98 7.64 5.07 4.49

Japan Medical Dynamic Marketing ROCE % Calculation

Japan Medical Dynamic Marketing'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 )
=11.137/( ( (220.214 - 27.137) + (210.16 - 26.903) )/ 2 )
=11.137/( (193.077+183.257)/ 2 )
=11.137/188.167
=5.92 %

Japan Medical Dynamic Marketing's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=8.38/( ( (0 - 0) + (217.992 - 31.304) )/ 1 )
=8.38/( ( 0 + 186.688 )/ 1 )
=8.38/186.688
=4.49 %

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

* 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.

Japan Medical Dynamic Marketing  (OTCPK:JMDMF) 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.

Japan Medical Dynamic Marketing ROCE % Related Terms

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Japan Medical Dynamic Marketing Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Japan Medical Dynamic Marketing Inc (OTCPK:JMDMF) » Definitions » ROCE %
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TSE:6678 TSE:9341 TSE:4890 TSE:7777 TSE:3079 TSE:6823 TSE:5187 TSE:7792 TSE:7963 TSE:4889 ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA
Traded in Other Exchanges
7600:Japan
Address
12-2, Ichigayadaimachi, Shinjuku-ku, Tokyo, JPN, 162-0066
Website
http://www.jmdm.co.jp
Japan Medical Dynamic Marketing Inc is a Japan-based medical equipment manufacturer. The company is engaged in the development and sale of advanced medical devices. Products offered by the company include trauma devices, joint prostheses, spinal fixation devices, and artificial bone fillers. It caters its products to medical professionals and major hospitals throughout Japan. The company is also engaged in the import and sale of medical devices.