Goodpatch (TSE:7351) ROCE % : 0.50% (As of Aug. 2024)

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What is Goodpatch 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. Goodpatch's annualized ROCE % for the quarter that ended in Aug. 2024 was 0.50%.

Goodpatch ROCE % Historical Data

The historical data trend for Goodpatch'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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Goodpatch ROCE % Chart

Goodpatch Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

ROCE %

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25.94

19.88

4.84

9.22

1.19

Goodpatch Quarterly Data
	Aug19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															4.76	-2.93	10.79	-3.44	0.50

Goodpatch ROCE % Calculation

Goodpatch's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	48.969	/	( ( (4671.549 - 608.499)	+	(4676.003 - 533.332) )	/ 2 )
	=	48.969	/	( (4063.05	+	4142.671)	/ 2 )
	=	48.969	/	4102.8605
	=	1.19 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	20.768	/	( ( (4649.702 - 468.503)	+	(4676.003 - 533.332) )	/ 2 )
	=	20.768	/	( ( 4181.199	+	4142.671 )	/ 2 )
	=	20.768	/	4161.935
	=	0.50 %

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

Goodpatch (TSE:7351) 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.

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Goodpatch Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Goodpatch Inc (TSE:7351) » Definitions » ROCE %

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Address

3-3 VORT Shibuya South 2nd Floor, Uguisuda nicho, Shibuya Ward, Tokyo, JPN, 150-0032

Website

https://goodpatch.com

Goodpatch Inc is a provider of UI / UX design, business model design, brand experience design, organizational design, and software development services. The company provides product design, business design and brand experience design.

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