LONGLIFE HOLDING Co (TSE:4355) ROCE % : 2.21% (As of Jul. 2023)

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What is LONGLIFE HOLDING 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. LONGLIFE HOLDING Co's annualized ROCE % for the quarter that ended in Jul. 2023 was 2.21%.

LONGLIFE HOLDING Co ROCE % Historical Data

The historical data trend for LONGLIFE HOLDING 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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LONGLIFE HOLDING Co ROCE % Chart

LONGLIFE HOLDING Co Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

ROCE %

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1.17

-0.72

4.22

1.87

1.32

LONGLIFE HOLDING Co Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
ROCE %	Get a 7-Day Free Trial															-0.55	6.84	1.58	3.74	2.21

LONGLIFE HOLDING Co ROCE % Calculation

LONGLIFE HOLDING Co's annualized ROCE % for the fiscal year that ended in Oct. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2022 )		(A: Oct. 2021 )		(A: Oct. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2022 )		(A: Oct. 2021 )		(A: Oct. 2022 )
	=	115.698	/	( ( (17704.46 - 7285.611)	+	(15927.333 - 8767.105) )	/ 2 )
	=	115.698	/	( (10418.849	+	7160.228)	/ 2 )
	=	115.698	/	8789.5385
	=	1.32 %

LONGLIFE HOLDING Co's ROCE % of for the quarter that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2023 )		(Q: Apr. 2023 )		(Q: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2023 )		(Q: Apr. 2023 )		(Q: Jul. 2023 )
	=	144.332	/	( ( (14994.668 - 8370.883)	+	(15052.385 - 8601.701) )	/ 2 )
	=	144.332	/	( ( 6623.785	+	6450.684 )	/ 2 )
	=	144.332	/	6537.2345
	=	2.21 %

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

LONGLIFE HOLDING Co (TSE:4355) 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.

LONGLIFE HOLDING Co ROCE % Related Terms

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LONGLIFE HOLDING Co (TSE:4355) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LONGLIFE HOLDING Co Ltd (TSE:4355) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Umeda Center Building, 2-4-12 Nakazakinishi, 25th Floor, Kita-ku, Osaka, JPN, 530-0015

Website

http://www.longlife-holding.co.jp

LONGLIFE HOLDING Co., Ltd. is engaged in providing residential care services in Japan. It runs residential care homes and group homes in the urban areas and provides care services to the elderly people and those who need care. It is also involved in the resort businesses.

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