Nansin Co (TSE:7399) ROCE % : 2.89% (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Nansin 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. Nansin Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.89%.

Nansin Co ROCE % Historical Data

The historical data trend for Nansin 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.

* Premium members only.

Nansin Co ROCE % Chart

Nansin Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

7.14

5.18

5.11

3.32

5.93

Nansin Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															7.95	16.39	1.26	2.52	2.89

Nansin Co ROCE % Calculation

Nansin Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	739.915	/	( ( (15805.25 - 3346.341)	+	(16023.992 - 3523.33) )	/ 2 )
	=	739.915	/	( (12458.909	+	12500.662)	/ 2 )
	=	739.915	/	12479.7855
	=	5.93 %

Nansin Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	360.976	/	( ( (15796.551 - 3289.289)	+	(15630.542 - 3150.526) )	/ 2 )
	=	360.976	/	( ( 12507.262	+	12480.016 )	/ 2 )
	=	360.976	/	12493.639
	=	2.89 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Nansin Co (TSE:7399) 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.

Nansin Co ROCE % Related Terms

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

Nansin Co (TSE:7399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nansin Co Ltd (TSE:7399) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-17-4, Nihombashi Ningyo-cho, JPR Ningyocho Building, Chuo-ku, Tokyo, JPN, 103-0013

Website

http://www.nansin.co.jp

Nansin Co Ltd is a Japan based company engaged in the business of manufacturing and selling casters and related products. The product portfolio of the company includes casters, material handling equipment, rubber and plastic products, die-casting products, and molded products. It offers caster products covering different types such as general caster, industrial caster, medical caster, heavy duty caster, stem caster and towing caster, among others.

Nansin Co (TSE:7399) Headlines

No Headlines