Sato Foods Co (TSE:2923) ROCE % : 0.00% (As of Oct. 2024)

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What is Sato Foods 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. Sato Foods Co's annualized ROCE % for the quarter that ended in Oct. 2024 was 0.00%.

Sato Foods Co ROCE % Historical Data

The historical data trend for Sato Foods 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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Sato Foods Co ROCE % Chart

Sato Foods Co Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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5.03

10.49

12.60

10.03

9.86

Sato Foods Co Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial															4.65	11.88	30.52	-6.15	-

Sato Foods Co ROCE % Calculation

Sato Foods Co's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	3113.739	/	( ( (39271.764 - 9342.884)	+	(43737.665 - 10530.54) )	/ 2 )
	=	3113.739	/	( (29928.88	+	33207.125)	/ 2 )
	=	3113.739	/	31568.0025
	=	9.86 %

Sato Foods Co's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	0	/	( ( (43737.665 - 10530.54)	+	(50185.272 - 16673.188) )	/ 2 )
	=	0	/	( ( 33207.125	+	33512.084 )	/ 2 )
	=	0	/	33359.6045
	=	0.00 %

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

Sato Foods Co (TSE:2923) 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.

Sato Foods Co ROCE % Related Terms

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Sato Foods Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sato Foods Co Ltd (TSE:2923) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

13-5 Takaramachi, Niigatahigashi-ku, Niigata Prefecture, Niigata, JPN, 950-8730

Website

https://www.satosyokuhin.co.jp

Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.

Sato Foods Co Headlines

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