Cuorips (TSE:4894) ROCE % : 0.00% (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

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

Cuorips ROCE % Historical Data

The historical data trend for Cuorips'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.

Cuorips ROCE % Chart

Cuorips Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

-6.93

-9.11

-12.14

-12.38

Cuorips Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial				-11.32	-10.27	-11.13	-8.41	-

Cuorips ROCE % Calculation

Cuorips'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 )
	=	-588.487	/	( ( (3587.417 - 97.425)	+	(6184.738 - 166.015) )	/ 2 )
	=	-588.487	/	( (3489.992	+	6018.723)	/ 2 )
	=	-588.487	/	4754.3575
	=	-12.38 %

Cuorips'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	/	( ( (6184.738 - 166.015)	+	(5760.567 - 141.681) )	/ 2 )
	=	0	/	( ( 6018.723	+	5618.886 )	/ 2 )
	=	0	/	5818.8045
	=	0.00 %

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

Cuorips (TSE:4894) 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.

Cuorips ROCE % Related Terms

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

Cuorips Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Cuorips Inc (TSE:4894) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11-5 Nihonbashi-Honcho, 507, Nihonbashi Life Science Building 2, Chuo-ku, Tokyo, JPN, 103-0023

Website

https://www.cuorips.co.jp

Cuorips Inc is engaged in the Research, development, manufacturing, and sales of Cellular and Tissue-based Products and Cell processing products. The company is also engaged in Contract development and manufacturing services and consulting services of Cellular and Tissue-based Products and Cell processing product.

Cuorips Headlines

No Headlines