Japan Reliance Service (TSE:4664) ROCE % : 0.00% (As of Sep. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Japan Reliance Service 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. Japan Reliance Service's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Japan Reliance Service ROCE % Historical Data

The historical data trend for Japan Reliance Service'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.

* Premium members only.

Japan Reliance Service ROCE % Chart

Japan Reliance Service Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

6.58

9.78

9.58

7.39

12.89

Japan Reliance Service 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															20.79	11.70	15.29	3.24	-

Japan Reliance Service ROCE % Calculation

Japan Reliance Service'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 )
	=	377.175	/	( ( (4251.458 - 1365.091)	+	(4200.774 - 1233.687) )	/ 2 )
	=	377.175	/	( (2886.367	+	2967.087)	/ 2 )
	=	377.175	/	2926.727
	=	12.89 %

Japan Reliance Service'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	/	( ( (4200.774 - 1233.687)	+	(5064.117 - 2044.093) )	/ 2 )
	=	0	/	( ( 2967.087	+	3020.024 )	/ 2 )
	=	0	/	2993.5555
	=	0.00 %

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

Japan Reliance Service (TSE:4664) 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.

Japan Reliance Service ROCE % Related Terms

Thank you for viewing the detailed overview of Japan Reliance Service's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Japan Reliance Service Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Japan Reliance Service Corp (TSE:4664) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1-3 Higashiikebukuro, Sunshine City World Import Mart Building, 9th Floor, Toshima-ku, Tokyo, JPN, 170-8630

Website

http://www.trsc.co.jp

Japan Reliance Service Corp is engaged in the provision of building management services. It offers building maintenance, personnel services, care services, and facilities management services, among others. In addition, the company also offers nursing care services and security services.

Japan Reliance Service Headlines

No Headlines