Ishiharangyo Kaisha (TSE:4028) ROCE % : 0.00% (As of Sep. 2024)

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

Ishiharangyo Kaisha ROCE % Historical Data

The historical data trend for Ishiharangyo Kaisha'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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Ishiharangyo Kaisha ROCE % Chart

Ishiharangyo Kaisha Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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3.72

3.36

9.85

7.08

6.46

Ishiharangyo Kaisha 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															15.89	-0.33	-0.41	11.19	-

Ishiharangyo Kaisha ROCE % Calculation

Ishiharangyo Kaisha'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 )
	=	10137	/	( ( (201913 - 59192)	+	(224324 - 53056) )	/ 2 )
	=	10137	/	( (142721	+	171268)	/ 2 )
	=	10137	/	156994.5
	=	6.46 %

Ishiharangyo Kaisha'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	/	( ( (224324 - 53056)	+	(220685 - 53529) )	/ 2 )
	=	0	/	( ( 171268	+	167156 )	/ 2 )
	=	0	/	169212
	=	0.00 %

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

Ishiharangyo Kaisha (TSE:4028) 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.

Ishiharangyo Kaisha ROCE % Related Terms

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Ishiharangyo Kaisha Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ishihara Sangyo Kaisha Ltd (TSE:4028) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

3-15 Edobori 1-chome, Nishi-ku, Osaka, JPN, 550-0002

Website

http://www.iskweb.co.jp

Ishihara Sangyo Kaisha Ltd is mainly engaged in the manufacturing and marketing of agricultural chemicals in Japan. The company's core business activities are categorized into three key segments - Inorganic Chemicals, Organic Chemicals, and Other Businesses. Its product line consists of titanium dioxide products, environmental products such as gypsum and iron oxide stably, pharmaceuticals, battery materials and organic intermediates. Its primary geographic markets are Japan, Asia, America, Europe, and other.

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