Kurabo Industries (TSE:3106) ROCE % : 0.00% (As of Sep. 2024)

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What is Kurabo Industries 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. Kurabo Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Kurabo Industries ROCE % Historical Data

The historical data trend for Kurabo Industries'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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Kurabo Industries ROCE % Chart

Kurabo Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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4.70

3.33

6.95

6.31

7.86

Kurabo Industries Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															4.96	8.95	8.88	8.50	-

Kurabo Industries ROCE % Calculation

Kurabo Industries'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 )
	=	10880	/	( ( (174084 - 46030)	+	(192785 - 44055) )	/ 2 )
	=	10880	/	( (128054	+	148730)	/ 2 )
	=	10880	/	138392
	=	7.86 %

Kurabo Industries's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0	/	( ( (192785 - 44055)	+	(191031 - 39514) )	/ 2 )
	=	0	/	( ( 148730	+	151517 )	/ 2 )
	=	0	/	150123.5
	=	0.00 %

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

Kurabo Industries (TSE:3106) 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.

Kurabo Industries ROCE % Related Terms

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Kurabo Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Kurabo Industries Ltd (TSE:3106) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-31 Kutaro-cho, Chuo-ku, Osaka, JPN, 541-8581

Website

http://www.kurabo.co.jp

Kurabo Industries Ltd is involved in the business of Textile, Chemical products, Real estate utilization, Machine tools and Electronics and Other businesses. The company's primary activities include manufacture and sale of textile products, polyurethane foam and related products, machine tool and industrial machines, information systems and equipment and bio-medical products and also lease of real estate and design, manufacture and supply of plants, equipment and machines and industrial and household waste recycling. It generates maximum revenue from the Chemical Product Business segment.

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