Interworks Confidence (TSE:7374) ROCE % : 0.00% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

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

Interworks Confidence ROCE % Historical Data

The historical data trend for Interworks Confidence'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.

Interworks Confidence ROCE % Chart

Interworks Confidence Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-18.25

96.89

60.50

49.25

28.24

Interworks Confidence Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial												48.07	27.30	22.86	19.85	-

Interworks Confidence ROCE % Calculation

Interworks Confidence'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 )
	=	1130.134	/	( ( (2892.32 - 868.715)	+	(7184.561 - 1205.394) )	/ 2 )
	=	1130.134	/	( (2023.605	+	5979.167)	/ 2 )
	=	1130.134	/	4001.386
	=	28.24 %

Interworks Confidence'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	/	( ( (7184.561 - 1205.394)	+	(6434.069 - 1062.094) )	/ 2 )
	=	0	/	( ( 5979.167	+	5371.975 )	/ 2 )
	=	0	/	5675.571
	=	0.00 %

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

Interworks Confidence (TSE:7374) 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.

Interworks Confidence ROCE % Related Terms

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

Interworks Confidence Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Interworks Confidence Inc (TSE:7374) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-19-1 Shinjuku, BYGS Shinjuku Bldg. 10th Floor, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

https://www.confidence-inc.jp

Interworks Confidence Inc is primarily involved in the temporary employment, recruitment and outsourcing business for the game and entertainment industry and media business.

Interworks Confidence Headlines

No Headlines