Migalo Holdings (TSE:5535) ROCE % : 0.00% (As of Dec. 2023)

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What is Migalo Holdings 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. Migalo Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Migalo Holdings ROCE % Historical Data

The historical data trend for Migalo Holdings'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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Migalo Holdings ROCE % Chart

Migalo Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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13.00

12.51

13.93

11.95

13.26

Migalo Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															23.65	5.71	10.87	34.38	-

Migalo Holdings ROCE % Calculation

Migalo Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	2798.61	/	( ( (31982.32 - 10622.667)	+	(43441.8 - 22595.639) )	/ 2 )
	=	2798.61	/	( (21359.653	+	20846.161)	/ 2 )
	=	2798.61	/	21102.907
	=	13.26 %

Migalo Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (38700.323 - 16984.622)	+	(45270.913 - 19134.982) )	/ 2 )
	=	0	/	( ( 21715.701	+	26135.931 )	/ 2 )
	=	0	/	23925.816
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Migalo Holdings (TSE:5535) 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.

Migalo Holdings ROCE % Related Terms

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Migalo Holdings (TSE:5535) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Migalo Holdings Inc (TSE:5535) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

41st floor, Shinjuku Island Tower, 6-5-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1341

Website

https://www.migalo.co.jp

Migalo Holdings Inc is engaged in real estate development, sales, leasing, renting, etc., and related operations. It is also engaged in the Management and administration of group companies engaged in face recognition platform services, cloud integration services, contracted system development, etc.

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