Ishin Co (TSE:143A) ROCE % : 57.51% (As of Mar. 2024)

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

What is Ishin 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. Ishin Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 57.51%.

Ishin Co ROCE % Historical Data

The historical data trend for Ishin 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.

Ishin Co ROCE % Chart

Ishin Co Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

12.32

10.07

14.38

Ishin Co Quarterly Data
	Mar22	Mar23	Mar24
ROCE %	49.26	40.27	57.51

Ishin Co ROCE % Calculation

Ishin Co'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 )
	=	191.745	/	( ( (1613.127 - 436.815)	+	(1999.65 - 508.739) )	/ 2 )
	=	191.745	/	( (1176.312	+	1490.911)	/ 2 )
	=	191.745	/	1333.6115
	=	14.38 %

Ishin 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: Mar. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Mar. 2023 )		(Q: Mar. 2024 )
	=	766.98	/	( ( (1613.127 - 436.815)	+	(1999.65 - 508.739) )	/ 2 )
	=	766.98	/	( ( 1176.312	+	1490.911 )	/ 2 )
	=	766.98	/	1333.6115
	=	57.51 %

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

Ishin Co (TSE:143A) 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.

Ishin Co ROCE % Related Terms

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

Ishin Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ishin Co Ltd (TSE:143A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-28-7 Shinjuku East Court, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

https://www.ishin1853.co.jp

Ishin Co Ltd is a marketing company. It is developing a business that supports co-creation between local governments and private companies including ``Municipal Communication,'' a media that improves the management capabilities of local governments, and a ``BtoG Platform,'' which provides comprehensive support for marketing for local governments on the web.

Ishin Co Headlines

No Headlines