Safie (TSE:4375) ROCE % : -44.13% (As of Jun. 2024)

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What is Safie 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. Safie's annualized ROCE % for the quarter that ended in Jun. 2024 was -44.13%.

Safie ROCE % Historical Data

The historical data trend for Safie'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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Safie ROCE % Chart

Safie Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-20.12

-4.04

-2.04

-11.92

-13.40

Safie Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial										-9.13	-15.31	-22.54	-5.04	-44.13

Safie ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1434.342	/	( ( (12725.542 - 1389.628)	+	(11701.532 - 1625.538) )	/ 2 )
	=	-1434.342	/	( (11335.914	+	10075.994)	/ 2 )
	=	-1434.342	/	10705.954
	=	-13.40 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-4181.372	/	( ( (11455.844 - 1479.866)	+	(10692.584 - 1718.81) )	/ 2 )
	=	-4181.372	/	( ( 9975.978	+	8973.774 )	/ 2 )
	=	-4181.372	/	9474.876
	=	-44.13 %

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

Safie (TSE:4375) 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.

Safie ROCE % Related Terms

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Safie Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Safie Inc (TSE:4375) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-1 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-0031

Website

https://safie.co.jp

Safie Inc is engaged in the development and operation of the cloud-based video-recording platform known as Safie.

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