Johnan Academic Preparatory Institute (TSE:4720) ROCE % : 0.00% (As of Sep. 2024)

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What is Johnan Academic Preparatory Institute 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. Johnan Academic Preparatory Institute's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Johnan Academic Preparatory Institute ROCE % Historical Data

The historical data trend for Johnan Academic Preparatory Institute'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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Johnan Academic Preparatory Institute ROCE % Chart

Johnan Academic Preparatory Institute Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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8.19

-21.59

-13.67

-2.24

-0.71

Johnan Academic Preparatory Institute 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															-18.20	26.79	0.48	-11.63	-

Johnan Academic Preparatory Institute ROCE % Calculation

Johnan Academic Preparatory Institute'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 )
	=	-24.223	/	( ( (5146 - 1611.313)	+	(4875.908 - 1556.943) )	/ 2 )
	=	-24.223	/	( (3534.687	+	3318.965)	/ 2 )
	=	-24.223	/	3426.826
	=	-0.71 %

Johnan Academic Preparatory Institute'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	/	( ( (4875.908 - 1556.943)	+	(4695.277 - 1388.022) )	/ 2 )
	=	0	/	( ( 3318.965	+	3307.255 )	/ 2 )
	=	0	/	3313.11
	=	0.00 %

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

Johnan Academic Preparatory Institute (TSE:4720) 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.

Johnan Academic Preparatory Institute ROCE % Related Terms

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Johnan Academic Preparatory Institute Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Johnan Academic Preparatory Institute Inc (TSE:4720) » Definitions » ROCE %

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Address

22-2 Ekimae Hon-cho, Kanagawa Prefecture, Kawasaki, JPN

Website

http://www.johnan.co.jp

Johnan Academic Preparatory Institute Inc is a Japan-based company engages in the education business. It provides learning materials support and electronic learning services for elementary and junior high school students.

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