FreeBit Co (TSE:3843) ROCE % : 0.00% (As of Oct. 2024)

View and export this data going back to 2007. Start your Free Trial

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

FreeBit Co ROCE % Historical Data

The historical data trend for FreeBit 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.

* Premium members only.

FreeBit Co ROCE % Chart

FreeBit Co Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

Get a 7-Day Free Trial

5.67

16.75

13.16

16.61

26.22

FreeBit 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															30.68	30.65	28.36	18.40	-

FreeBit Co ROCE % Calculation

FreeBit 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 )
	=	5976.984	/	( ( (35926.487 - 14363.947)	+	(38183.589 - 14149.868) )	/ 2 )
	=	5976.984	/	( (21562.54	+	24033.721)	/ 2 )
	=	5976.984	/	22798.1305
	=	26.22 %

FreeBit 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	/	( ( (38183.589 - 14149.868)	+	(36521.596 - 12887.974) )	/ 2 )
	=	0	/	( ( 24033.721	+	23633.622 )	/ 2 )
	=	0	/	23833.6715
	=	0.00 %

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

FreeBit Co (TSE:3843) 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.

FreeBit Co ROCE % Related Terms

Thank you for viewing the detailed overview of FreeBit Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

FreeBit Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » FreeBit Co Ltd (TSE:3843) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13F E-Space Tower, Tokyo, JPN

Website

http://www.freebit.com

FreeBit Co Ltd is involved in consulting business related to the internet. It provides network infrastructure to internet service providers.

FreeBit Co Headlines

No Headlines