Bestone.Com Co (TSE:6577) ROCE % : 26.76% (As of Apr. 2024)

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What is Bestone.Com 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. Bestone.Com Co's annualized ROCE % for the quarter that ended in Apr. 2024 was 26.76%.

Bestone.Com Co ROCE % Historical Data

The historical data trend for Bestone.Com 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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Bestone.Com Co ROCE % Chart

Bestone.Com Co Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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9.13

-3.19

-6.07

-12.60

1.13

Bestone.Com Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
ROCE %	Get a 7-Day Free Trial															17.97	12.01	7.07	-18.60	26.76

Bestone.Com Co ROCE % Calculation

Bestone.Com Co's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	17.429	/	( ( (2250.871 - 682.284)	+	(2661.728 - 1148.581) )	/ 2 )
	=	17.429	/	( (1568.587	+	1513.147)	/ 2 )
	=	17.429	/	1540.867
	=	1.13 %

Bestone.Com Co's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	443.936	/	( ( (2814.529 - 1171.757)	+	(2982.931 - 1308.286) )	/ 2 )
	=	443.936	/	( ( 1642.772	+	1674.645 )	/ 2 )
	=	443.936	/	1658.7085
	=	26.76 %

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

Bestone.Com Co (TSE:6577) 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.

Bestone.Com Co ROCE % Related Terms

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Bestone.Com Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bestone.Com Co Ltd (TSE:6577) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-6 Tomihisa-chi, Nishikura LK Building 2nd Floor, Shinjuku-Ku, Tokyo, JPN, 162-0067

Website

http://www.best1cruise-corp.info

Bestone.Com Co Ltd offers travel services. The Company mainly provides domestic and overseas cruise travel services. Bestone.Com also offers travel media development and operation services.

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