Kids Star (TSE:248A) ROCE % : 47.09% (As of Dec. 2023)

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What is Kids Star 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. Kids Star's annualized ROCE % for the quarter that ended in Dec. 2023 was 47.09%.

Kids Star ROCE % Historical Data

The historical data trend for Kids Star'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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Kids Star ROCE % Chart

Kids Star Annual Data

Trend

Dec22

Dec23

ROCE %

33.65

43.35

Kids Star Semi-Annual Data
	Dec22	Jun23	Dec23
ROCE %	-	28.87	47.09

Kids Star ROCE % Calculation

Kids Star'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 )
	=	157.858	/	( ( (574.891 - 265.572)	+	(772.006 - 352.981) )	/ 2 )
	=	157.858	/	( (309.319	+	419.025)	/ 2 )
	=	157.858	/	364.172
	=	43.35 %

Kids Star's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	205.552	/	( ( (796.851 - 342.913)	+	(772.006 - 352.981) )	/ 2 )
	=	205.552	/	( ( 453.938	+	419.025 )	/ 2 )
	=	205.552	/	436.4815
	=	47.09 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Kids Star (TSE:248A) 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.

Kids Star ROCE % Related Terms

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Kids Star Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kids Star Inc (TSE:248A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-5 Shinsencho, Shibuya-ku, Tokyo, JPN, 150-0045

Website

https://www.kidsstar.co.jp

Kids Star Inc is engaged in development and operation of Gokko Land a social experience application for families, and planning and operation of events, and business development support for companies and organizations related to products for children.

Kids Star Headlines

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