Petgo (TSE:7140) ROCE % : 0.00% (As of Sep. 2024)

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

Petgo ROCE % Historical Data

The historical data trend for Petgo'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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Petgo ROCE % Chart

Petgo Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

5.06

22.18

26.85

27.57

22.82

Petgo Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial								38.55	37.03	7.58	9.11	-

Petgo ROCE % Calculation

Petgo'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 )
	=	248.49	/	( ( (3075.734 - 2049.698)	+	(3299.529 - 2147.949) )	/ 2 )
	=	248.49	/	( (1026.036	+	1151.58)	/ 2 )
	=	248.49	/	1088.808
	=	22.82 %

Petgo'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	/	( ( (3299.529 - 2147.949)	+	(3703.834 - 2481.316) )	/ 2 )
	=	0	/	( ( 1151.58	+	1222.518 )	/ 2 )
	=	0	/	1187.049
	=	0.00 %

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

Petgo (TSE:7140) 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.

Petgo ROCE % Related Terms

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Petgo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Petgo Corp (TSE:7140) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-32-2 Honcho, Harmony Tower 12th Floor, Nakano-ku, Tokyo, JPN, 164-0012

Website

https://www.corp.petgo.jp

Petgo Corp is engaged in the pet healthcare business.

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