Double Standard (TSE:3925) ROCE % : 50.74% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Double Standard 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. Double Standard's annualized ROCE % for the quarter that ended in Dec. 2023 was 50.74%.

Double Standard ROCE % Historical Data

The historical data trend for Double Standard'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.

Double Standard ROCE % Chart

Double Standard Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

57.88

54.72

43.59

55.66

51.48

Double Standard Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															39.76	56.91	32.02	40.90	50.74

Double Standard ROCE % Calculation

Double Standard's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	2121.071	/	( ( (4455.921 - 922.521)	+	(5613.746 - 907.456) )	/ 2 )
	=	2121.071	/	( (3533.4	+	4706.29)	/ 2 )
	=	2121.071	/	4119.845
	=	51.48 %

Double Standard's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	2457	/	( ( (5447.021 - 770.504)	+	(5623.178 - 615.536) )	/ 2 )
	=	2457	/	( ( 4676.517	+	5007.642 )	/ 2 )
	=	2457	/	4842.0795
	=	50.74 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Double Standard (TSE:3925) 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.

Double Standard ROCE % Related Terms

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

Double Standard (TSE:3925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Double Standard Inc (TSE:3925) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-3 Akasaka, 4th Floor, Sumitomo Life Akasaka Building, Minato-ku, Tokyo, JPN, 107-0052

Website

http://www.double-std.com

Double Standard Inc is a business support company, engages in the generation and provision of enterprise big data. It also provides service planning and system development services using technology developed in the data generation process. The company operates through two business divisions: Big Data related business and the Services Planning Development business. The Big Data related business mainly provides customers the data related to the operation support and business reduction, as well as the high utilization value content, among others. The Services Planning Development business mainly provides services based on the research of the way of customer and enterprise business process, using the information collection, processing and matching, as well as the data cleansing technology.

Double Standard (TSE:3925) Headlines

No Headlines