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Tosnet (TSE:4754) ROCE % : 0.00% (As of Sep. 2024)


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


Tosnet ROCE % Historical Data

The historical data trend for Tosnet'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.

Tosnet ROCE % Chart

Tosnet Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.16 13.46 11.12 11.87 16.89

Tosnet 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.16 14.36 14.66 4.64 -

Tosnet ROCE % Calculation

Tosnet's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=1436.747/( ( (10551.042 - 2343.479) + (11190.707 - 2386.451) )/ 2 )
=1436.747/( (8207.563+8804.256)/ 2 )
=1436.747/8505.9095
=16.89 %

Tosnet'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/( ( (10527.232 - 2289.502) + (11190.707 - 2386.451) )/ 2 )
=0/( ( 8237.73 + 8804.256 )/ 2 )
=0/8520.993
=0.00 %

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

* 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.


Tosnet  (TSE:4754) 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.


Tosnet ROCE % Related Terms

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Tosnet Business Description

Traded in Other Exchanges
N/A
Address
1-10-1 Miyagino, Miyagino-ku, Miyagi, Sendai, JPN, 983-0045
Tosnet Corp along with its subsidiaries provides security and related services. Its services include static guard service, crowd control service, traffic control service, retail security service. It offers access control in hotels and office buildings, crime disaster management, guarding, patrol, surveillance, traffic control and road safety services, among others. Its other services include Power Supply Car, Mailing Service, and Building Management.

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