Trial Holdings (TSE:141A) ROCE % : 14.49% (As of Mar. 2024)

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What is Trial Holdings 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. Trial Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.49%.

Trial Holdings ROCE % Historical Data

The historical data trend for Trial Holdings'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.

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Trial Holdings ROCE % Chart

Trial Holdings Annual Data

Trend

Jun21

Jun22

Jun23

ROCE %

3.16

14.42

15.61

Trial Holdings Quarterly Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial			-	-	-	-	14.49

Trial Holdings ROCE % Calculation

Trial Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	14180	/	( ( (185730 - 97046)	+	(200639 - 107666) )	/ 2 )
	=	14180	/	( (88684	+	92973)	/ 2 )
	=	14180	/	90828.5
	=	15.61 %

Trial Holdings'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 )
	=	16712	/	( ( (251259 - 154071)	+	(275377 - 141838) )	/ 2 )
	=	16712	/	( ( 97188	+	133539 )	/ 2 )
	=	16712	/	115363.5
	=	14.49 %

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

Trial Holdings (TSE:141A) 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.

Trial Holdings ROCE % Related Terms

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Trial Holdings (TSE:141A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Trial Holdings Inc (TSE:141A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-2 Tanotsu, Fukuoka Higashi-ku, Fukuoka, JPN, 813-0034

Website

https://www.trial-holdings.inc

Trial Holdings Inc is engaged in the planning, management and operation of corporate groups centered on each business such as retail, logistics, finance/payment, and retail tech.

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