Akatsuki (TSE:8737) ROCE % : 0.00% (As of Sep. 2024)

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

Akatsuki ROCE % Historical Data

The historical data trend for Akatsuki'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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Akatsuki ROCE % Chart

Akatsuki Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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8.25

9.69

7.13

7.50

16.44

Akatsuki 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															20.06	12.49	17.63	16.07	-

Akatsuki ROCE % Calculation

Akatsuki'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 )
	=	4208.488	/	( ( (69275.438 - 44441.41)	+	(92130.76 - 65771.938) )	/ 2 )
	=	4208.488	/	( (24834.028	+	26358.822)	/ 2 )
	=	4208.488	/	25596.425
	=	16.44 %

Akatsuki'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	/	( ( (92130.76 - 65771.938)	+	(91600.418 - 62235.148) )	/ 2 )
	=	0	/	( ( 26358.822	+	29365.27 )	/ 2 )
	=	0	/	27862.046
	=	0.00 %

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

Akatsuki (TSE:8737) 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.

Akatsuki ROCE % Related Terms

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Akatsuki Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Akatsuki Corp (TSE:8737) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toranomon 2 - chome 3 - 17, Toranomon 2 - chome tower 8 th floor, Minato - ku, Tokyo, JPN

Website

http://www.akatsuki-fg.com

Akatsuki Corp is a Japanese holding company. The company is engaged in business of securities related and real estate related.

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