OB System (TSE:5576) ROCE % : 0.00% (As of Sep. 2024)

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

OB System ROCE % Historical Data

The historical data trend for OB System'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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OB System ROCE % Chart

OB System Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

10.04

10.61

12.54

13.27

OB System Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial				7.49	14.80	16.21	13.31	-

OB System ROCE % Calculation

OB System'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 )
	=	591.198	/	( ( (5219.193 - 1247.235)	+	(5878.942 - 939.909) )	/ 2 )
	=	591.198	/	( (3971.958	+	4939.033)	/ 2 )
	=	591.198	/	4455.4955
	=	13.27 %

OB System'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	/	( ( (5878.942 - 939.909)	+	(6221.179 - 864.959) )	/ 2 )
	=	0	/	( ( 4939.033	+	5356.22 )	/ 2 )
	=	0	/	5147.6265
	=	0.00 %

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

OB System (TSE:5576) 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.

OB System ROCE % Related Terms

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OB System Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OB System Inc (TSE:5576) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-7 Hiranomachi, Osaka Chuo-ku, Osaka, JPN, 541-0046

Website

https://www.obs.co.jp

OB System Inc is engaged in the System integration services business. The System integration service includes; system consultation; Development of application software for general-purpose computers, workstations, personal computers, and microcomputers; Construction of a network system centered on an open system; Development of an Internet/Web system.

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