Hatch Work Co (TSE:148A) ROCE % : 30.58% (As of Jun. 2024)

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What is Hatch Work 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. Hatch Work Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 30.58%.

Hatch Work Co ROCE % Historical Data

The historical data trend for Hatch Work 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.

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Hatch Work Co ROCE % Chart

Hatch Work Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-33.03

-45.05

5.18

Hatch Work Co Quarterly Data
	Dec21	Dec22	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial			-	-	24.00	2.24	30.58

Hatch Work Co ROCE % Calculation

Hatch Work Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	32.531	/	( ( (1748.655 - 1090.577)	+	(1838.204 - 1240.712) )	/ 2 )
	=	32.531	/	( (658.078	+	597.492)	/ 2 )
	=	32.531	/	627.785
	=	5.18 %

Hatch Work Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	272.46	/	( ( (2230.458 - 1384.12)	+	(2363.282 - 1427.879) )	/ 2 )
	=	272.46	/	( ( 846.338	+	935.403 )	/ 2 )
	=	272.46	/	890.8705
	=	30.58 %

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

Hatch Work Co (TSE:148A) 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.

Hatch Work Co ROCE % Related Terms

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Hatch Work Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hatch Work Co Ltd (TSE:148A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

DF Building 2-2-8 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062

Website

https://www.hatchwork.co.jp

Hatch Work Co Ltd provides the monthly parking search portalsite "At Parking", the monthly parking online management support service "At Parking Cloud" and the rental meeting room service "At Business Center".

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