NISHIKAWA KEISOKU Co (TSE:7500) ROCE % : 38.51% (As of Mar. 2024)

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

What is NISHIKAWA KEISOKU 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. NISHIKAWA KEISOKU Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 38.51%.

NISHIKAWA KEISOKU Co ROCE % Historical Data

The historical data trend for NISHIKAWA KEISOKU 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.

NISHIKAWA KEISOKU Co ROCE % Chart

NISHIKAWA KEISOKU Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

22.12

18.42

15.71

15.37

15.30

NISHIKAWA KEISOKU Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															37.07	0.66	17.32	27.62	38.51

NISHIKAWA KEISOKU Co ROCE % Calculation

NISHIKAWA KEISOKU Co's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	2241.797	/	( ( (23918.013 - 10136.516)	+	(27069.185 - 11551.152) )	/ 2 )
	=	2241.797	/	( (13781.497	+	15518.033)	/ 2 )
	=	2241.797	/	14649.765
	=	15.30 %

NISHIKAWA KEISOKU 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 )
	=	6673.32	/	( ( (27089.441 - 10655.096)	+	(33679.786 - 15460.255) )	/ 2 )
	=	6673.32	/	( ( 16434.345	+	18219.531 )	/ 2 )
	=	6673.32	/	17326.938
	=	38.51 %

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

NISHIKAWA KEISOKU Co (TSE:7500) 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.

NISHIKAWA KEISOKU Co ROCE % Related Terms

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

NISHIKAWA KEISOKU Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NISHIKAWA KEISOKU Co Ltd (TSE:7500) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-13-16 Mita, Minato-ku, Tokyo, JPN

Website

http://www.nskw.co.jp

NISHIKAWA KEISOKU Co Ltd sells measuring instruments, control equipment and information systems. The company also designs and constructs systems engineering and control systems.

NISHIKAWA KEISOKU Co Headlines

No Headlines