Nyle (TSE:5618) ROCE % : -45.36% (As of Jun. 2024)

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

What is Nyle 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. Nyle's annualized ROCE % for the quarter that ended in Jun. 2024 was -45.36%.

Nyle ROCE % Historical Data

The historical data trend for Nyle'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.

Nyle ROCE % Chart

Nyle Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-83.86

-66.10

-36.51

Nyle Quarterly Data
	Dec21	Dec22	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial			-	-	-41.16	-26.64	-45.36

Nyle ROCE % Calculation

Nyle's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-724.363	/	( ( (2695.218 - 862.591)	+	(3158.144 - 1022.625) )	/ 2 )
	=	-724.363	/	( (1832.627	+	2135.519)	/ 2 )
	=	-724.363	/	1984.073
	=	-36.51 %

Nyle's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-878.612	/	( ( (2828.265 - 900.292)	+	(3083.628 - 1137.44) )	/ 2 )
	=	-878.612	/	( ( 1927.973	+	1946.188 )	/ 2 )
	=	-878.612	/	1937.0805
	=	-45.36 %

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

Nyle (TSE:5618) 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.

Nyle ROCE % Related Terms

Thank you for viewing the detailed overview of Nyle's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nyle Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nyle Inc (TSE:5618) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-24-2 Higashigotanda, Higashigotanda 1-chome Building 7th Floor, Shinagawa-ku, Tokyo, JPN, 141-0022

Website

https://nyle.co.jp

Nyle Inc is engaged in the Automotive Industry DX Division (Providing Online-based Car Subscription-related Services) and Horizontal DX Division (Offering Consulting Services in DX and Marketing). The company develops various business growth solutions using the Internet and supports companies in promoting DX and marketing across all industries.

Nyle Headlines

No Headlines