Rococo Co (TSE:5868) ROCE % : -10.59% (As of Jun. 2024)

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What is Rococo Co 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. Rococo Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -10.59%.

Rococo Co ROCE % Historical Data

The historical data trend for Rococo Co'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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Rococo Co ROCE % Chart

Rococo Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

26.02

39.78

18.67

Rococo Co Quarterly Data
	Dec21	Dec22	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial			-	-	11.91	16.42	-10.59

Rococo Co ROCE % Calculation

Rococo Co'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 )
	=	460.292	/	( ( (3261.248 - 1381.88)	+	(4379.39 - 1328.248) )	/ 2 )
	=	460.292	/	( (1879.368	+	3051.142)	/ 2 )
	=	460.292	/	2465.255
	=	18.67 %

Rococo Co'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 )
	=	-325.684	/	( ( (4389.08 - 1257.788)	+	(4116.359 - 1094.668) )	/ 2 )
	=	-325.684	/	( ( 3131.292	+	3021.691 )	/ 2 )
	=	-325.684	/	3076.4915
	=	-10.59 %

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

Rococo Co (TSE:5868) 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.

Rococo Co ROCE % Related Terms

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Rococo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rococo Co Ltd (TSE:5868) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiba 2-5-6, Minato-ku, Tokyo, JPN, 105-0014

Website

https://www.rococo.co.jp

Rococo Co Ltd is engaged in IT outsourcing, BPO service and system development, maintenance, and introduction support services.

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