Future Link Network Co (TSE:9241) ROCE % : 42.79% (As of May. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Future Link Network 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. Future Link Network Co's annualized ROCE % for the quarter that ended in May. 2024 was 42.79%.

Future Link Network Co ROCE % Historical Data

The historical data trend for Future Link Network 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.

Future Link Network Co ROCE % Chart

Future Link Network Co Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

27.68

45.47

30.92

-12.04

-20.35

Future Link Network Co Quarterly Data
	Aug19	Aug20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
ROCE %	Get a 7-Day Free Trial										-17.68	-52.75	20.32	-29.31	42.79

Future Link Network Co ROCE % Calculation

Future Link Network Co's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	-67.89	/	( ( (713.878 - 346.633)	+	(746.927 - 446.85) )	/ 2 )
	=	-67.89	/	( (367.245	+	300.077)	/ 2 )
	=	-67.89	/	333.661
	=	-20.35 %

Future Link Network Co's ROCE % of for the quarter that ended in May. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2024 )		(Q: Feb. 2024 )		(Q: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2024 )		(Q: Feb. 2024 )		(Q: May. 2024 )
	=	143.592	/	( ( (781.246 - 496.714)	+	(866.683 - 479.993) )	/ 2 )
	=	143.592	/	( ( 284.532	+	386.69 )	/ 2 )
	=	143.592	/	335.611
	=	42.79 %

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

Future Link Network Co (TSE:9241) 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.

Future Link Network Co ROCE % Related Terms

Thank you for viewing the detailed overview of Future Link Network Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Future Link Network Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Future Link Network Co Ltd (TSE:9241) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-19-3 Nishifuna, Nishifuna Narishima Building, Chiba Prefecture, Funabashi, JPN, 273-0031

Website

https://www.futurelink.co.jp

Future Link Network Co Ltd operates a regional information platform Maipure.It is engaged in providing regional information distribution business, public solution business and marketing support business.

Future Link Network Co Headlines

No Headlines