Sumitomo Osaka Cement Co (TSE:5232) ROCE % : 0.46% (As of Sep. 2024)

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What is Sumitomo Osaka Cement 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. Sumitomo Osaka Cement Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.46%.

Sumitomo Osaka Cement Co ROCE % Historical Data

The historical data trend for Sumitomo Osaka Cement 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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Sumitomo Osaka Cement Co ROCE % Chart

Sumitomo Osaka Cement Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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6.57

6.94

4.90

-0.91

7.49

Sumitomo Osaka Cement Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															2.18	9.99	8.91	3.11	0.46

Sumitomo Osaka Cement Co ROCE % Calculation

Sumitomo Osaka Cement Co'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 )
	=	19526	/	( ( (356558 - 102044)	+	(356283 - 89342) )	/ 2 )
	=	19526	/	( (254514	+	266941)	/ 2 )
	=	19526	/	260727.5
	=	7.49 %

Sumitomo Osaka Cement Co'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1220	/	( ( (0 - 0)	+	(358326 - 95124) )	/ 1 )
	=	1220	/	( ( 0	+	263202 )	/ 1 )
	=	1220	/	263202
	=	0.46 %

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

Sumitomo Osaka Cement Co (TSE:5232) 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.

Sumitomo Osaka Cement Co ROCE % Related Terms

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Sumitomo Osaka Cement Co Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sumitomo Osaka Cement Co Ltd (TSE:5232) » Definitions » ROCE %

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Address

6-28, Rokubancho, Chiyoda-ku, Tokyo, JPN, 102-8465

Website

http://www.soc.co.jp

Sumitomo Osaka Cement Co Ltd is a producer of cement and cement-related products. The largest operating segment by revenue offers assorted cements, ready-mix concrete, cement-related solidification materials, supply of electrical power, and recycling of raw materials and fuel. Sumitomo Osaka Cement also supplies repairing and reinforcing products for concrete structures, mineral resources, optoelectronics, and advanced materials. Sumitomo's operation is focused on Japan, with nearly all its revenue generated in the Japan area.

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