Muromachi Chemicals (TSE:4885) ROCE % : 0.00% (As of Nov. 2024)

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What is Muromachi Chemicals 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. Muromachi Chemicals's annualized ROCE % for the quarter that ended in Nov. 2024 was 0.00%.

Muromachi Chemicals ROCE % Historical Data

The historical data trend for Muromachi Chemicals'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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Muromachi Chemicals ROCE % Chart

Muromachi Chemicals Annual Data

Trend

May19

May20

May21

May22

May23

May24

ROCE %

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2.27

11.08

17.46

13.49

15.32

Muromachi Chemicals Quarterly Data
	May19	May20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
ROCE %	Get a 7-Day Free Trial													6.78	12.72	17.16	21.63	-

Muromachi Chemicals ROCE % Calculation

Muromachi Chemicals's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	487.048	/	( ( (4948.311 - 2055.535)	+	(5059.267 - 1592.921) )	/ 2 )
	=	487.048	/	( (2892.776	+	3466.346)	/ 2 )
	=	487.048	/	3179.561
	=	15.32 %

Muromachi Chemicals's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	0	/	( ( (5059.267 - 1592.921)	+	(5504.374 - 1620.58) )	/ 2 )
	=	0	/	( ( 3466.346	+	3883.794 )	/ 2 )
	=	0	/	3675.07
	=	0.00 %

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

Muromachi Chemicals (TSE:4885) 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.

Muromachi Chemicals ROCE % Related Terms

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Muromachi Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Muromachi Chemicals Inc (TSE:4885) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-38-5 Shinkatsudachi, Omuta, Fukuoka, JPN, 836-0895

Website

https://www.muro-chem.co.jp

Muromachi Chemicals Inc is engaged in the production and distribution of pharmaceuticals; planning, production, and distribution of health foods and, distribution and processing of ion-exchange resin products.

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