Bridge Consulting Group (TSE:9225) ROCE % : 28.13% (As of Mar. 2024)

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What is Bridge Consulting Group 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. Bridge Consulting Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 28.13%.

Bridge Consulting Group ROCE % Historical Data

The historical data trend for Bridge Consulting Group'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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Bridge Consulting Group ROCE % Chart

Bridge Consulting Group Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

ROCE %

3.73

23.55

17.33

17.83

Bridge Consulting Group Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial							13.68	4.21	15.53	28.13	-

Bridge Consulting Group ROCE % Calculation

Bridge Consulting Group's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	139.443	/	( ( (869.819 - 209.01)	+	(1246.265 - 342.781) )	/ 2 )
	=	139.443	/	( (660.809	+	903.484)	/ 2 )
	=	139.443	/	782.1465
	=	17.83 %

Bridge Consulting Group'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 )
	=	284.968	/	( ( (1258.933 - 265.943)	+	(1364.372 - 331.62) )	/ 2 )
	=	284.968	/	( ( 992.99	+	1032.752 )	/ 2 )
	=	284.968	/	1012.871
	=	28.13 %

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

Bridge Consulting Group (TSE:9225) 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.

Bridge Consulting Group ROCE % Related Terms

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Bridge Consulting Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Bridge Consulting Group Inc (TSE:9225) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-40 Toranomon, 7th floor of Edomi Sakamori Building, Minato-ku, Tokyo, JPN

Website

https://www.bridge-group.co.jp

Bridge Consulting Group Inc provides professional services. The company's services includes Introduction of professional human resources, Introduction of professional human resources, and Consulting by certified accountants.

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