DigitalCube Co (TSE:263A) ROCE % : 0.00% (As of Mar. 2023)

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What is DigitalCube 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. DigitalCube Co's annualized ROCE % for the quarter that ended in Mar. 2023 was 0.00%.

DigitalCube Co ROCE % Historical Data

The historical data trend for DigitalCube 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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DigitalCube Co ROCE % Chart

DigitalCube Co Annual Data

Trend

Mar23

Mar24

ROCE %

-30.67

9.44

DigitalCube Co Semi-Annual Data
	Mar23	Mar24
ROCE %	-	-

DigitalCube Co ROCE % Calculation

DigitalCube Co's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	11.993	/	( ( (203.699 - 83.9)	+	(259.107 - 124.799) )	/ 2 )
	=	11.993	/	( (119.799	+	134.308)	/ 2 )
	=	11.993	/	127.0535
	=	9.44 %

DigitalCube Co's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: . 20 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: . 20 )		(Q: Mar. 2023 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

DigitalCube Co (TSE:263A) 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.

DigitalCube Co ROCE % Related Terms

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DigitalCube Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DigitalCube Co Ltd (TSE:263A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Kaigandori, Chuo-ku, Hyogo, Kobe, JPN, 650-0024

Website

https://www.digitalcube.jp

DigitalCube Co Ltd is engaged in managing website hosting, design, maintenance, production and maintenance of AI, machine learning systems in cloud transition.

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