Ecomott (TSE:3987) ROCE % : -24.95% (As of Aug. 2024)

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What is Ecomott 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. Ecomott's annualized ROCE % for the quarter that ended in Aug. 2024 was -24.95%.

Ecomott ROCE % Historical Data

The historical data trend for Ecomott'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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Ecomott ROCE % Chart

Ecomott Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Aug21

Aug22

Aug23

ROCE %

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2.08

7.57

4.21

2.61

-11.36

Ecomott Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															-25.36	-12.17	19.18	5.17	-24.95

Ecomott ROCE % Calculation

Ecomott's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	-157.408	/	( ( (1871.622 - 469.703)	+	(2237.427 - 868.373) )	/ 2 )
	=	-157.408	/	( (1401.919	+	1369.054)	/ 2 )
	=	-157.408	/	1385.4865
	=	-11.36 %

Ecomott's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	-321.268	/	( ( (2475.275 - 1129.871)	+	(2584.187 - 1354.229) )	/ 2 )
	=	-321.268	/	( ( 1345.404	+	1229.958 )	/ 2 )
	=	-321.268	/	1287.681
	=	-24.95 %

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

Ecomott (TSE:3987) 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.

Ecomott ROCE % Related Terms

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Ecomott Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Ecomott Inc (TSE:3987) » Definitions » ROCE %

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Address

5-2 Kita 1-jo Higashi 2-chome, Chuo-ku, Hokkaido, Sapporo, JPN, 060-0031

Website

https://www.ecomott.co.jp

Ecomott Inc provides internet of things platform solutions that connects devices and systems. It offers a range of connectivity-driven technologies capable of solving real-world issues in a wide variety of industries.

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