Tokyo Kikai Seisakusho (TSE:6335) ROCE % : 0.00% (As of Sep. 2024)

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What is Tokyo Kikai Seisakusho 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. Tokyo Kikai Seisakusho's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Tokyo Kikai Seisakusho ROCE % Historical Data

The historical data trend for Tokyo Kikai Seisakusho'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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Tokyo Kikai Seisakusho ROCE % Chart

Tokyo Kikai Seisakusho Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-8.93

3.33

-6.21

6.53

0.91

Tokyo Kikai Seisakusho 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															-15.38	10.82	6.61	1.36	-

Tokyo Kikai Seisakusho ROCE % Calculation

Tokyo Kikai Seisakusho'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 )
	=	104.288	/	( ( (14927.809 - 3623.988)	+	(15200.785 - 3584.415) )	/ 2 )
	=	104.288	/	( (11303.821	+	11616.37)	/ 2 )
	=	104.288	/	11460.0955
	=	0.91 %

Tokyo Kikai Seisakusho'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	/	( ( (15200.785 - 3584.415)	+	(14295.713 - 2826.012) )	/ 2 )
	=	0	/	( ( 11616.37	+	11469.701 )	/ 2 )
	=	0	/	11543.0355
	=	0.00 %

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

Tokyo Kikai Seisakusho (TSE:6335) 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.

Tokyo Kikai Seisakusho ROCE % Related Terms

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Tokyo Kikai Seisakusho Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tokyo Kikai Seisakusho Ltd (TSE:6335) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11-36 Mita, 6th floor, Mita Nitto Daibiru, Minato-ku, Tokyo, JPN, 108-8375

Website

http://www.tks-net.co.jp

Tokyo Kikai Seisakusho Ltd is a Japan-based company operating in the printing manufacturing industry. It is principally engaged in manufacturing and sale of printing and press equipment. The products offered by the company are newspaper printing machine, color top web offset press, commercial web offset press, digital printing press, jetleader, automation and manpower saving systems, related peripheral equipment, other machinery and equipment, and business-related power generation and storage.

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