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Aizawa Securities Group Co (TSE:8708) ROCE % : 1.52% (As of Dec. 2023)


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What is Aizawa Securities Group 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. Aizawa Securities Group Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.52%.


Aizawa Securities Group Co ROCE % Historical Data

The historical data trend for Aizawa Securities Group 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.

Aizawa Securities Group Co ROCE % Chart

Aizawa Securities Group Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 1.58 7.11 -2.88 3.58

Aizawa Securities Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.56 5.97 2.55 1.52 3.80

Aizawa Securities Group Co ROCE % Calculation

Aizawa Securities Group 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 )
=-1884/( ( (104723 - 38440) + (98835 - 34365) )/ 2 )
=-1884/( (66283+64470)/ 2 )
=-1884/65376.5
=-2.88 %

Aizawa Securities Group 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 )
=1032/( ( (114290 - 46863) + (117934 - 50016) )/ 2 )
=1032/( ( 67427 + 67918 )/ 2 )
=1032/67672.5
=1.52 %

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


Aizawa Securities Group Co  (TSE:8708) 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.


Aizawa Securities Group Co ROCE % Related Terms

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Aizawa Securities Group Co (TSE:8708) Business Description

Traded in Other Exchanges
N/A
Address
1-9-1 , Higashi-Shimbashi, Tokyo Shiodome Building, Minato-ku, Tokyo, JPN, 105-7307
Aizawa Securities Group Co Ltd is an independent securities company. It serves all listed companies with capital policy, merger and acquisition strategy, and investor relations activities. Additionally, it also assists regional small and medium enterprises in various ways as an organization supporting business management reforms. Further, it also supports corporate clients, sole proprietors, and individual clients.

Aizawa Securities Group Co (TSE:8708) Headlines

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