Nippon Fine Chemical Co (TSE:4362) ROCE % : 0.00% (As of Sep. 2024)

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What is Nippon Fine Chemical 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. Nippon Fine Chemical Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Nippon Fine Chemical Co ROCE % Historical Data

The historical data trend for Nippon Fine Chemical 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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Nippon Fine Chemical Co ROCE % Chart

Nippon Fine Chemical Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.41

9.31

10.77

11.73

9.83

Nippon Fine Chemical Co 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															9.60	7.46	9.34	12.66	-

Nippon Fine Chemical Co ROCE % Calculation

Nippon Fine Chemical Co'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 )
	=	4868.677	/	( ( (56672.737 - 7615.849)	+	(59450.75 - 9437.935) )	/ 2 )
	=	4868.677	/	( (49056.888	+	50012.815)	/ 2 )
	=	4868.677	/	49534.8515
	=	9.83 %

Nippon Fine Chemical Co'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	/	( ( (59450.75 - 9437.935)	+	(58871.509 - 7231.719) )	/ 2 )
	=	0	/	( ( 50012.815	+	51639.79 )	/ 2 )
	=	0	/	50826.3025
	=	0.00 %

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

Nippon Fine Chemical Co (TSE:4362) 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.

Nippon Fine Chemical Co ROCE % Related Terms

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Nippon Fine Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Fine Chemical Co Ltd (TSE:4362) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-9 Bingomachi 2-chome, Chuo-ku, Nippon Seika Building, Osaka, JPN, 541-0051

Website

http://www.nipponseika.co.jp

Nippon Fine Chemical Co Ltd is engaged in manufacturing and sale of chemical products. The company's business division is Fine Chemicals Division which includes pharmaceutical ingredients, agricultural chemicals, and photo chemicals. Cosmetic Ingredients Division offers raw materials for cosmetic products such as fatty acid esters, lanolin, and surfactants among others, and Industrial Chemicals Division produces products including NEUTRON, NSC, and others.

Nippon Fine Chemical Co Headlines

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