Eidai Co (TSE:7822) ROCE % : 0.00% (As of Sep. 2024)

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

Eidai Co ROCE % Historical Data

The historical data trend for Eidai 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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Eidai Co ROCE % Chart

Eidai Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.81

2.07

1.00

-2.41

3.79

Eidai Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-6.07	7.54	3.25	10.64	-

Eidai Co ROCE % Calculation

Eidai Co'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 )
	=	2579	/	( ( (92978 - 25726)	+	(96118 - 27283) )	/ 2 )
	=	2579	/	( (67252	+	68835)	/ 2 )
	=	2579	/	68043.5
	=	3.79 %

Eidai Co'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	/	( ( (96118 - 27283)	+	(88457 - 20690) )	/ 2 )
	=	0	/	( ( 68835	+	67767 )	/ 2 )
	=	0	/	68301
	=	0.00 %

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

Eidai Co (TSE:7822) 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.

Eidai Co ROCE % Related Terms

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Eidai Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Eidai Co Ltd (TSE:7822) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-60 Hirabayashi Minami, Suminoe Ward, Osaka, JPN, 559-8658

Website

https://www.eidai.com

Eidai Co Ltd is involved in the production and sales of housing materials and wooden boards. Its products are widely used as interior materials for residential and non-residential buildings and include material particle board, flooring, interior doors, closets, shoe boxes, system baths, decorative particle boards, and others. The company is also involved in the real estate effective utilization and solar power generation business. Its reportable segments are; Housing materials business, which generates maximum revenue, Wood board business, and Others.

Eidai Co Headlines

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