Caica Digital (TSE:2315) ROCE % : -42.63% (As of Jan. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Caica Digital 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. Caica Digital's annualized ROCE % for the quarter that ended in Jan. 2024 was -42.63%.

Caica Digital ROCE % Historical Data

The historical data trend for Caica Digital'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.

Caica Digital ROCE % Chart

Caica Digital Annual Data

Trend

Mar14

Mar15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

Get a 7-Day Free Trial

-21.04

-5.36

-8.40

-72.14

-107.55

Caica Digital Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-61.11	-72.43	-55.85	-261.68	-42.63

Caica Digital ROCE % Calculation

Caica Digital's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	-4107.156	/	( ( (59032.797 - 53614.33)	+	(2971.544 - 752.3) )	/ 2 )
	=	-4107.156	/	( (5418.467	+	2219.244)	/ 2 )
	=	-4107.156	/	3818.8555
	=	-107.55 %

Caica Digital's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-918.436	/	( ( (2971.544 - 752.3)	+	(2726.823 - 637.691) )	/ 2 )
	=	-918.436	/	( ( 2219.244	+	2089.132 )	/ 2 )
	=	-918.436	/	2154.188
	=	-42.63 %

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

Caica Digital (TSE:2315) 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.

Caica Digital ROCE % Related Terms

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

Caica Digital (TSE:2315) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Caica Digital Inc (TSE:2315) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cross Air Tower, 1-5-1 Ohashi, Meguro-ku, Tokyo, JPN, 153-0044

Website

http://www.caica.jp

Caica Digital Inc is a Japanese company engaged in providing information services such as system development, offshore development, infrastructure, and provision of system-related consulting and maintenance support services. CAICA develops systems that include business package software development and distribution for information service providers. It offers industry solutions for banks, insurance, securities, department stores, convenience stores and transportation industry.

Caica Digital (TSE:2315) Headlines

No Headlines