IKEGAMI TSUSHINKI Co (TSE:6771) ROCE % : 2.72% (As of Dec. 2023)

View and export this data going back to 1961. Start your Free Trial

What is IKEGAMI TSUSHINKI 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. IKEGAMI TSUSHINKI Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.72%.

IKEGAMI TSUSHINKI Co ROCE % Historical Data

The historical data trend for IKEGAMI TSUSHINKI 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.

IKEGAMI TSUSHINKI Co ROCE % Chart

IKEGAMI TSUSHINKI Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

7.31

5.02

3.03

1.73

-5.34

IKEGAMI TSUSHINKI Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-0.56	4.68	-2.07	5.76	2.72

IKEGAMI TSUSHINKI Co ROCE % Calculation

IKEGAMI TSUSHINKI Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-964	/	( ( (27404 - 8626)	+	(28961 - 11609) )	/ 2 )
	=	-964	/	( (18778	+	17352)	/ 2 )
	=	-964	/	18065
	=	-5.34 %

IKEGAMI TSUSHINKI Co'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 )
	=	492	/	( ( (29020 - 10771)	+	(30573 - 12643) )	/ 2 )
	=	492	/	( ( 18249	+	17930 )	/ 2 )
	=	492	/	18089.5
	=	2.72 %

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

IKEGAMI TSUSHINKI Co (TSE:6771) 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.

IKEGAMI TSUSHINKI Co ROCE % Related Terms

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

IKEGAMI TSUSHINKI Co (TSE:6771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IKEGAMI TSUSHINKI Co Ltd (TSE:6771) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-6-16 Ikegami, Ohta-ku, Tokyo, JPN, 146-8567

Website

http://www.ikegami.co.jp

IKEGAMI TSUSHINKI Co Ltd provides broadcast equipment in Japan. Its products portfolio includes a camera system for broadcasting, broadcast monitor, video production/transmission system, video transmission system, relay car system, security camera system, medical camera system, and various visual inspection equipment.

IKEGAMI TSUSHINKI Co (TSE:6771) Headlines

No Headlines