Sprix (TSE:7030) ROCE % : -2.19% (As of Mar. 2024)

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What is Sprix 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. Sprix's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.19%.

Sprix ROCE % Historical Data

The historical data trend for Sprix'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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Sprix ROCE % Chart

Sprix Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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36.70

21.43

24.17

22.88

9.53

Sprix 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															-2.10	-19.75	35.28	36.35	-2.19

Sprix ROCE % Calculation

Sprix's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	1123	/	( ( (19574 - 7614)	+	(20143 - 8543) )	/ 2 )
	=	1123	/	( (11960	+	11600)	/ 2 )
	=	1123	/	11780
	=	9.53 %

Sprix's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-260	/	( ( (20609 - 8663)	+	(20698 - 8872) )	/ 2 )
	=	-260	/	( ( 11946	+	11826 )	/ 2 )
	=	-260	/	11886
	=	-2.19 %

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

Sprix (TSE:7030) 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.

Sprix ROCE % Related Terms

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Sprix (TSE:7030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Sprix Inc (TSE:7030) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11-1 Nishi-Ikebukuro, Metropolitan Plaza Building 12th Floor, Toshima-ku, Tokyo, JPN, 171-0021

Website

http://www.sprix.jp

Sprix Inc is a Japan-based company mainly engaged in the educational services business. The company provides educational software that enables a user to learn various courses and programs. The company is engaged in providing education IT business, individual guidance, contents business, and education project.

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