Japan Craft Holdings Co (NGO:7135) ROCE % : -24.02% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Japan Craft Holdings 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. Japan Craft Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -24.02%.

Japan Craft Holdings Co ROCE % Historical Data

The historical data trend for Japan Craft Holdings 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.

Japan Craft Holdings Co ROCE % Chart

Japan Craft Holdings Co Annual Data

Trend

Jun22

ROCE %

-34.26

Japan Craft Holdings Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial				-18.23	-70.91	-27.05	-39.41	-24.02

Japan Craft Holdings Co ROCE % Calculation

Japan Craft Holdings Co's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: . 20 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: . 20 )		(A: Jun. 2022 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Japan Craft Holdings 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 )
	=	-1438.768	/	( ( (12493.12 - 6145.458)	+	(12233.218 - 6600.965) )	/ 2 )
	=	-1438.768	/	( ( 6347.662	+	5632.253 )	/ 2 )
	=	-1438.768	/	5989.9575
	=	-24.02 %

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

Japan Craft Holdings Co (NGO:7135) 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 Craft Holdings Co ROCE % Related Terms

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

Japan Craft Holdings Co (NGO:7135) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Japan Craft Holdings Co Ltd (NGO:7135) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

7135:Japan

Address

1-210, Takayashiro, Nagoya Meito-ku, Aichi, JPN, 465-0095

Website

https://www.jcraft-hd.co.jp

Japan Craft Holdings Co Ltd formerly Fujikyu Holdings Co Ltd is engaged in the retail business centered on yarn, handicraft supplies, fabrics, dressmaking goods, clothing and other life miscellaneous goods.

Japan Craft Holdings Co (NGO:7135) Headlines

No Headlines