CAVE Interactive Co (TSE:3760) ROCE % : 0.00% (As of Nov. 2024)

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What is CAVE Interactive 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. CAVE Interactive Co's annualized ROCE % for the quarter that ended in Nov. 2024 was 0.00%.

CAVE Interactive Co ROCE % Historical Data

The historical data trend for CAVE Interactive 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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CAVE Interactive Co ROCE % Chart

CAVE Interactive Co Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

ROCE %

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-21.86

-20.31

-78.68

50.35

17.91

CAVE Interactive Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
ROCE %	Get a 7-Day Free Trial															5.16	24.74	27.14	16.03	-

CAVE Interactive Co ROCE % Calculation

CAVE Interactive Co's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	1946.317	/	( ( (13492.471 - 3089.67)	+	(14357.237 - 3027.254) )	/ 2 )
	=	1946.317	/	( (10402.801	+	11329.983)	/ 2 )
	=	1946.317	/	10866.392
	=	17.91 %

CAVE Interactive Co's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	0	/	( ( (14357.237 - 3027.254)	+	(13938.738 - 2571.692) )	/ 2 )
	=	0	/	( ( 11329.983	+	11367.046 )	/ 2 )
	=	0	/	11348.5145
	=	0.00 %

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

CAVE Interactive Co (TSE:3760) 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.

CAVE Interactive Co ROCE % Related Terms

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CAVE Interactive Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CAVE Interactive Co Ltd (TSE:3760) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Nakameguro GT Tower, 2-1-1 Kamimeguro, Meguro-ku, 9th Floor, Tokyo, JPN, 153-0051

Website

http://www.cave.co.jp

CAVE Interactive Co Ltd is a game creator. It is engaged in business such as mobile entertainment, content media and entertainment marketing, business planning, production management. It provides mobile media entertainment content. It develops music, social media applications, and online games, arcade video games such as deathsmiles, espagaluda, dodonpachi resurrection and shin megami.

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