Otani Kogyo Co (TSE:5939) ROCE % : 0.00% (As of Sep. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Otani Kogyo 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. Otani Kogyo Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Otani Kogyo Co ROCE % Historical Data

The historical data trend for Otani Kogyo 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.

* Premium members only.

Otani Kogyo Co ROCE % Chart

Otani Kogyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

9.18

8.71

4.84

6.54

9.76

Otani Kogyo Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															10.67	7.12	14.67	7.22	-

Otani Kogyo Co ROCE % Calculation

Otani Kogyo Co'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 )
	=	427.23	/	( ( (6228.19 - 2244.515)	+	(7189.471 - 2416.33) )	/ 2 )
	=	427.23	/	( (3983.675	+	4773.141)	/ 2 )
	=	427.23	/	4378.408
	=	9.76 %

Otani Kogyo Co'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	/	( ( (7189.471 - 2416.33)	+	(7220.149 - 2290.996) )	/ 2 )
	=	0	/	( ( 4773.141	+	4929.153 )	/ 2 )
	=	0	/	4851.147
	=	0.00 %

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

Otani Kogyo Co (TSE:5939) 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.

Otani Kogyo Co ROCE % Related Terms

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

Otani Kogyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Otani Kogyo Co Ltd (TSE:5939) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nishi Gotanda 7 - 22 - 17, TOC Building, 10th Floor, Shinagawa-ku, Tokyo, JPN, 141-0031

Website

http://www.otanikogyo.com

Otani Kogyo Co Ltd is a Japan based company engaged in the manufacture and sales of overhead wire hardware for power distribution, communication lines, CATV, hardware for disaster prevention radio, rock screws, and others. It also constructs, manufactures and sells studs, and involved in hot-dip galvanizing process.

Otani Kogyo Co Headlines

No Headlines