Inbound Platform (TSE:5587) ROCE % : 10.34% (As of Mar. 2024)

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What is Inbound Platform 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. Inbound Platform's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.34%.

Inbound Platform ROCE % Historical Data

The historical data trend for Inbound Platform'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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Inbound Platform ROCE % Chart

Inbound Platform Annual Data

Trend

Sep21

Sep22

Sep23

ROCE %

14.77

21.42

37.59

Inbound Platform Semi-Annual Data
	Sep21	Sep22	Mar23	Sep23	Mar24
ROCE %	-	-	39.85	45.56	10.34

Inbound Platform ROCE % Calculation

Inbound Platform's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	357.103	/	( ( (919.352 - 282.862)	+	(1821.479 - 558.063) )	/ 2 )
	=	357.103	/	( (636.49	+	1263.416)	/ 2 )
	=	357.103	/	949.953
	=	37.59 %

Inbound Platform'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	132.96	/	( ( (1821.479 - 558.063)	+	(1834.236 - 526.916) )	/ 2 )
	=	132.96	/	( ( 1263.416	+	1307.32 )	/ 2 )
	=	132.96	/	1285.368
	=	10.34 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

Inbound Platform (TSE:5587) 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.

Inbound Platform ROCE % Related Terms

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Inbound Platform (TSE:5587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Inbound Platform Corp (TSE:5587) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-14-5 Shimbashi, 4th floor, SW Shimbashi Building, Minato-ku, Tokyo, JPN, 105-0004

Website

https://www.inbound-platform.com

Inbound Platform Corp is engaged in providing Pocket Wi-Fi, RV rental, foreign currency exchange services, and online travel information so foreign visitors can enjoy Japan even more. Its business operations primarily cater to foreign visitors in Japan.

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