Growth xPartners (TSE:244A) ROCE % : 30.81% (As of Aug. 2024)

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What is Growth xPartners 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. Growth xPartners's annualized ROCE % for the quarter that ended in Aug. 2024 was 30.81%.

Growth xPartners ROCE % Historical Data

The historical data trend for Growth xPartners'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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Growth xPartners ROCE % Chart

Growth xPartners Annual Data

Trend

Aug22

Aug23

Aug24

ROCE %

19.74

24.00

30.81

Growth xPartners Semi-Annual Data
	Aug22	Aug23	Aug24
ROCE %	19.74	24.00	30.81

Growth xPartners ROCE % Calculation

Growth xPartners's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	619.74	/	( ( (2955.197 - 1136.699)	+	(3536.639 - 1331.934) )	/ 2 )
	=	619.74	/	( (1818.498	+	2204.705)	/ 2 )
	=	619.74	/	2011.6015
	=	30.81 %

Growth xPartners'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: Aug. 2023 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: Aug. 2023 )		(Q: Aug. 2024 )
	=	619.74	/	( ( (2955.197 - 1136.699)	+	(3536.639 - 1331.934) )	/ 2 )
	=	619.74	/	( ( 1818.498	+	2204.705 )	/ 2 )
	=	619.74	/	2011.6015
	=	30.81 %

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

Growth xPartners (TSE:244A) 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.

Growth xPartners ROCE % Related Terms

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Growth xPartners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Growth xPartners Inc (TSE:244A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-26-2 Nishi-Shinjuku, Shinjuku Nomura Building 48th floor, Shinjuku-ku, Tokyo, JPN, 163-0548

Website

https://www.gxp-group.co.jp

Growth xPartners Inc is engaged in digital Transformation (DX) consultation and advancement support for enterprises.

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