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Japan Warranty Support Co (TSE:7386) ROCE % : 8.40% (As of Mar. 2024)


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What is Japan Warranty Support 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. Japan Warranty Support Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.40%.


Japan Warranty Support Co ROCE % Historical Data

The historical data trend for Japan Warranty Support 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.

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Japan Warranty Support Co ROCE % Chart

Japan Warranty Support Co Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
ROCE %
7.62 7.60 7.32 7.13 8.57

Japan Warranty Support Co Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.29 5.92 9.08 8.40 -

Japan Warranty Support Co ROCE % Calculation

Japan Warranty Support Co's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=815.977/( ( (11005.705 - 1765.212) + (11686.573 - 1878.665) )/ 2 )
=815.977/( (9240.493+9807.908)/ 2 )
=815.977/9524.2005
=8.57 %

Japan Warranty Support Co'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 )
=798.876/( ( (11218.083 - 1784.845) + (11429.979 - 1838.739) )/ 2 )
=798.876/( ( 9433.238 + 9591.24 )/ 2 )
=798.876/9512.239
=8.40 %

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

* 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.


Japan Warranty Support Co  (TSE:7386) 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.


Japan Warranty Support Co ROCE % Related Terms

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Japan Warranty Support Co Business Description

Traded in Other Exchanges
N/A
Address
2-1-1 Otemachi Chiyoda-ku, Otemachi Nomura Bldg. 7th Floor, Tokyo, JPN, 100-0004
Japan Warranty Support Co Ltd offers a wide range of services to maintain and improve safe and comfortable living, such as telephone inquiries 24 hours a day, 365 days a year for breakdowns and troubles of housing equipment, and an extended warranty.

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