Mitsui Knowledge Industry Co (TSE:2665) ROCE % : -2.12% (As of Sep. 2014)

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What is Mitsui Knowledge Industry 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. Mitsui Knowledge Industry Co's annualized ROCE % for the quarter that ended in Sep. 2014 was -2.12%.

Mitsui Knowledge Industry Co ROCE % Historical Data

The historical data trend for Mitsui Knowledge Industry 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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Mitsui Knowledge Industry Co ROCE % Chart

Mitsui Knowledge Industry Co Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

ROCE %

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8.58

6.99

8.02

6.51

1.50

Mitsui Knowledge Industry Co Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
ROCE %	Get a 7-Day Free Trial															-0.93	3.82	14.03	-11.38	-2.12

Mitsui Knowledge Industry Co ROCE % Calculation

Mitsui Knowledge Industry Co's annualized ROCE % for the fiscal year that ended in Mar. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2014 )		(A: Mar. 2013 )		(A: Mar. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2014 )		(A: Mar. 2013 )		(A: Mar. 2014 )
	=	484	/	( ( (41695 - 9181)	+	(39969 - 7748) )	/ 2 )
	=	484	/	( (32514	+	32221)	/ 2 )
	=	484	/	32367.5
	=	1.50 %

Mitsui Knowledge Industry Co's ROCE % of for the quarter that ended in Sep. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	-664	/	( ( (40045 - 8699)	+	(41196 - 9885) )	/ 2 )
	=	-664	/	( ( 31346	+	31311 )	/ 2 )
	=	-664	/	31328.5
	=	-2.12 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2014) EBIT data.

Mitsui Knowledge Industry Co (TSE:2665) 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.

Mitsui Knowledge Industry Co ROCE % Related Terms

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Mitsui Knowledge Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mitsui Knowledge Industry Co Ltd (TSE:2665) » Definitions » ROCE %

Traded in Other Exchanges

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Address

Website

http://www.mki.co.jp/

Mitsui Knowledge Industry Co Ltd provide comprehensive services from consultation, R&D, product sales, to operation & maintenance in the area of system & network integration as well as datacenter services and other related IT communication services.

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