Arbeit-Times Co (TSE:2341) ROCE % : -0.79% (As of Aug. 2024)

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What is Arbeit-Times 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. Arbeit-Times Co's annualized ROCE % for the quarter that ended in Aug. 2024 was -0.79%.

Arbeit-Times Co ROCE % Historical Data

The historical data trend for Arbeit-Times 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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Arbeit-Times Co ROCE % Chart

Arbeit-Times Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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3.79

-11.66

0.29

0.96

-0.10

Arbeit-Times Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															0.78	3.39	-11.27	1.60	-0.79

Arbeit-Times Co ROCE % Calculation

Arbeit-Times Co's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	-3.703	/	( ( (4809.643 - 588.803)	+	(3984.281 - 624.53) )	/ 2 )
	=	-3.703	/	( (4220.84	+	3359.751)	/ 2 )
	=	-3.703	/	3790.2955
	=	-0.10 %

Arbeit-Times Co's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	-25.808	/	( ( (3903.343 - 627.353)	+	(3886.023 - 592.207) )	/ 2 )
	=	-25.808	/	( ( 3275.99	+	3293.816 )	/ 2 )
	=	-25.808	/	3284.903
	=	-0.79 %

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

Arbeit-Times Co (TSE:2341) 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.

Arbeit-Times Co ROCE % Related Terms

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Arbeit-Times Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Arbeit-Times Co Ltd (TSE:2341) » Definitions » ROCE %

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Address

2-1-14 Nihonbashi, Chiyoda-ku, Tokyo, JPN, 101-0041

Website

http://www.atimes.co.jp

Arbeit-Times Co Ltd is a Japan-based company engaged in the business of publishing magazines. The company edits and issues free job recruitment magazine under the brand name DOMO. It also provides job-related information through its online websites. In addition, it is also involved in the free paper agent intermediary and direct promotion business activities.

Arbeit-Times Co Headlines

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