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Fusic Co (TSE:5256) ROCE % : 40.85% (As of Mar. 2024)


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What is Fusic 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. Fusic Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 40.85%.


Fusic Co ROCE % Historical Data

The historical data trend for Fusic 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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Fusic Co ROCE % Chart

Fusic Co Annual Data
Trend Jun21 Jun22 Jun23
ROCE %
-10.76 17.80 24.90

Fusic Co Quarterly Data
Jun21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial 22.32 1.79 34.30 17.29 40.85

Fusic Co ROCE % Calculation

Fusic Co's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=148.849/( ( (677.872 - 336.477) + (1232.382 - 378.419) )/ 2 )
=148.849/( (341.395+853.963)/ 2 )
=148.849/597.679
=24.90 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=388.204/( ( (1287.694 - 371.656) + (1428.575 - 444.031) )/ 2 )
=388.204/( ( 916.038 + 984.544 )/ 2 )
=388.204/950.291
=40.85 %

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


Fusic Co  (TSE:5256) 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.


Fusic Co ROCE % Related Terms

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Fusic Co (TSE:5256) Business Description

Traded in Other Exchanges
N/A
Address
4-1-7 Tenjin, Fukuoka Prefecture 3rd Myojo Building, 6th Floor, Chuo-ku, Fukuoka, JPN, 810-0001
Fusic Co Ltd is engaged in the Digital transformation business which supports system development using cloud infrastructure and data utilization by combining IoT, cloud and AI technologies.

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