Sansei Technologies (TSE:6357) ROCE % : 4.06% (As of Dec. 2023)

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What is Sansei Technologies 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. Sansei Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.06%.

Sansei Technologies ROCE % Historical Data

The historical data trend for Sansei Technologies'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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Sansei Technologies ROCE % Chart

Sansei Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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5.92

3.77

5.75

6.15

7.57

Sansei Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															24.72	-0.59	6.26	4.06	19.41

Sansei Technologies ROCE % Calculation

Sansei Technologies'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 )
	=	3804.417	/	( ( (73074.494 - 23380.814)	+	(81031.99 - 30217.554) )	/ 2 )
	=	3804.417	/	( (49693.68	+	50814.436)	/ 2 )
	=	3804.417	/	50254.058
	=	7.57 %

Sansei Technologies's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	2158.536	/	( ( (72873.67 - 20177.836)	+	(77850.371 - 24271.159) )	/ 2 )
	=	2158.536	/	( ( 52695.834	+	53579.212 )	/ 2 )
	=	2158.536	/	53137.523
	=	4.06 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Sansei Technologies (TSE:6357) 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.

Sansei Technologies ROCE % Related Terms

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Sansei Technologies (TSE:6357) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sansei Technologies Inc (TSE:6357) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-29, 4-Chome, Miyahara, Yodogawa-ku, Osaka, JPN, 532-0003

Website

https://www.sansei-technologies.com

Sansei Technologies Inc designs, manufactures and maintains amusement rides, stage equipment, elevators and specifically designed equipment. The company's stage equipment used in small halls, for adaptable stages, and in event halls, sports halls, and studios. It also engages in the operation and management of play lands in shopping centers of department stores.

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