Institute for Q-shu Pioneers of Space (TSE:5595) ROCE % : 7.28% (As of Nov. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Institute for Q-shu Pioneers of Space 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. Institute for Q-shu Pioneers of Space's annualized ROCE % for the quarter that ended in Nov. 2024 was 7.28%.

Institute for Q-shu Pioneers of Space ROCE % Historical Data

The historical data trend for Institute for Q-shu Pioneers of Space'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.

* Premium members only.

Institute for Q-shu Pioneers of Space ROCE % Chart

Institute for Q-shu Pioneers of Space Annual Data

Trend

May22

May23

May24

ROCE %

-6.88

-19.88

-4.54

Institute for Q-shu Pioneers of Space Quarterly Data
	May22	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
ROCE %	Get a 7-Day Free Trial			-5.42	8.54	-14.58	-71.28	7.28

Institute for Q-shu Pioneers of Space ROCE % Calculation

Institute for Q-shu Pioneers of Space's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	-363.943	/	( ( (5832.806 - 325.291)	+	(12821.764 - 2283.859) )	/ 2 )
	=	-363.943	/	( (5507.515	+	10537.905)	/ 2 )
	=	-363.943	/	8022.71
	=	-4.54 %

Institute for Q-shu Pioneers of Space's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	885.716	/	( ( (0 - 0)	+	(15231.472 - 3056.873) )	/ 1 )
	=	885.716	/	( ( 0	+	12174.599 )	/ 1 )
	=	885.716	/	12174.599
	=	7.28 %

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

Institute for Q-shu Pioneers of Space (TSE:5595) 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.

Institute for Q-shu Pioneers of Space ROCE % Related Terms

Thank you for viewing the detailed overview of Institute for Q-shu Pioneers of Space's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Institute for Q-shu Pioneers of Space Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Institute for Q-shu Pioneers of Space Inc (TSE:5595) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-15-35 Tenjin, 6th Floor Rengo Fukuoka Tenjin Building, Chuo-ku, Fukuoka-shi, Fukuoka, JPN, 810-0001

Website

https://www.i-qps.net

Institute for Q-shu Pioneers of Space Inc is engaged in the Development, manufacture, operation, Acquisition and sale of SAR image data from small SAR satellites.

Institute for Q-shu Pioneers of Space Headlines

No Headlines