Tripleize Co (TSE:5026) ROCE % : -23.02% (As of Aug. 2024)

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What is Tripleize Co 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. Tripleize Co's annualized ROCE % for the quarter that ended in Aug. 2024 was -23.02%.

Tripleize Co ROCE % Historical Data

The historical data trend for Tripleize Co'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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Tripleize Co ROCE % Chart

Tripleize Co Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

Aug24

ROCE %

-47.87

11.25

11.34

-57.92

-4.19

Tripleize Co Quarterly Data
	Aug20	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial									-125.74	-6.89	13.85	2.34	-23.02

Tripleize Co ROCE % Calculation

Tripleize Co's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	-84.365	/	( ( (2302.647 - 846.719)	+	(4917.439 - 2346.519) )	/ 2 )
	=	-84.365	/	( (1455.928	+	2570.92)	/ 2 )
	=	-84.365	/	2013.424
	=	-4.19 %

Tripleize Co's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	-544.512	/	( ( (4307.781 - 2148.011)	+	(4917.439 - 2346.519) )	/ 2 )
	=	-544.512	/	( ( 2159.77	+	2570.92 )	/ 2 )
	=	-544.512	/	2365.345
	=	-23.02 %

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

Tripleize Co (TSE:5026) 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.

Tripleize Co ROCE % Related Terms

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Tripleize Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tripleize Co Ltd (TSE:5026) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-4 Kanda Surugadai, Ryumeikan Main Store Building 12th floor, Chiyoda-ku, Tokyo, JPN, 101-0062

Website

https://www.3-ize.jp

Tripleize Co Ltd is an information technology company. The company offers System Development, Cloud Service, Infrastructure Construction, and Acquiring services.

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