IN Holdings Co (TSE:132A) ROCE % : 9.77% (As of Apr. 2023)

View and export this data going back to 2024. Start your Free Trial

What is IN 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. IN Holdings Co's annualized ROCE % for the quarter that ended in Apr. 2023 was 9.77%.

IN Holdings Co ROCE % Historical Data

The historical data trend for IN 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.

IN Holdings Co ROCE % Chart

IN Holdings Co Annual Data

Trend

Oct22

ROCE %

0.90

IN Holdings Co Semi-Annual Data
	Oct22	Apr23
ROCE %	-	9.77

IN Holdings Co ROCE % Calculation

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

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

IN Holdings Co's ROCE % of for the quarter that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2023 )		(Q: Oct. 2022 )		(Q: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2023 )		(Q: Oct. 2022 )		(Q: Apr. 2023 )
	=	448.078	/	( ( (6638.401 - 2043.864)	+	(6887.008 - 2310.485) )	/ 2 )
	=	448.078	/	( ( 4594.537	+	4576.523 )	/ 2 )
	=	448.078	/	4585.53
	=	9.77 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 2023) EBIT data.

IN Holdings Co (TSE:132A) 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.

IN Holdings Co ROCE % Related Terms

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

IN Holdings Co (TSE:132A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » IN Holdings Co Ltd (TSE:132A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

656-1, Naoe, Chikujogun Yoshitomimachi, Fukuoka, JPN, 871-0831

Website

https://www.in-holdings.co.jp

IN Holdings Co Ltd is engaged in logistics business in Japan. It has wide range of operations, including general cargo business, as well as warehousing, packaging, vehicle transportation, and export.

IN Holdings Co (TSE:132A) Headlines

No Headlines