Senkon Logistics Co (TSE:9051) ROCE % : 6.88% (As of Dec. 2023)

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What is Senkon Logistics 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. Senkon Logistics Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.88%.

Senkon Logistics Co ROCE % Historical Data

The historical data trend for Senkon Logistics 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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Senkon Logistics Co ROCE % Chart

Senkon Logistics Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-4.18

4.30

6.30

7.25

7.88

Senkon Logistics 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															9.40	5.02	3.75	6.36	6.88

Senkon Logistics Co ROCE % Calculation

Senkon Logistics 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 )
	=	865.659	/	( ( (17539.372 - 6620.818)	+	(17548.215 - 6503.051) )	/ 2 )
	=	865.659	/	( (10918.554	+	11045.164)	/ 2 )
	=	865.659	/	10981.859
	=	7.88 %

Senkon Logistics 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 )
	=	788.848	/	( ( (18674.931 - 7164.808)	+	(17906.514 - 6491.348) )	/ 2 )
	=	788.848	/	( ( 11510.123	+	11415.166 )	/ 2 )
	=	788.848	/	11462.6445
	=	6.88 %

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

Senkon Logistics Co (TSE:9051) 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.

Senkon Logistics Co ROCE % Related Terms

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Senkon Logistics Co (TSE:9051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Senkon Logistics Co Ltd (TSE:9051) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Central 4-chome, No. 10, No. 3, Aoba-ku, 3rd Floor, Miyagi ken Sendai Capital Tower, Sendai, JPN

Website

http://www.senkon.co.jp

Senkon Logistics Co Ltd is a Japan based company engaged in providing logistics services. It offers transportation services for precision equipment, vehicles, engineering equipment as well as industrial waste collection. The company is also engaged in the collection, sale and purchase of radioactive contaminant removal work and removal equipment. The other businesses in which the company is involved are real estate leasing business, import and export of agricultural and fishery products, Sales and rental of specified maintenance management medical equipment and advanced management medical equipment, and others.

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