Japan Infrastructure Fund Investment (TSE:9287) ROCE % : 2.38% (As of May. 2023)

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What is Japan Infrastructure Fund Investment 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. Japan Infrastructure Fund Investment's annualized ROCE % for the quarter that ended in May. 2023 was 2.38%.

Japan Infrastructure Fund Investment ROCE % Historical Data

The historical data trend for Japan Infrastructure Fund Investment'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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Japan Infrastructure Fund Investment ROCE % Chart

Japan Infrastructure Fund Investment Annual Data

Trend

Nov21

ROCE %

2.66

Japan Infrastructure Fund Investment Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23
ROCE %	Get a 7-Day Free Trial			2.05	3.18	2.63	3.08	2.38

Japan Infrastructure Fund Investment ROCE % Calculation

Japan Infrastructure Fund Investment's annualized ROCE % for the fiscal year that ended in Nov. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2021 )		(A: . 20 )		(A: Nov. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2021 )		(A: . 20 )		(A: Nov. 2021 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Japan Infrastructure Fund Investment's ROCE % of for the quarter that ended in May. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2023 )		(Q: Nov. 2022 )		(Q: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2023 )		(Q: Nov. 2022 )		(Q: May. 2023 )
	=	1170.426	/	( ( (40847.777 - 2018.193)	+	(63315.107 - 3961.396) )	/ 2 )
	=	1170.426	/	( ( 38829.584	+	59353.711 )	/ 2 )
	=	1170.426	/	49091.6475
	=	2.38 %

(1) Note: The EBIT data used here is two times the semi-annual (May. 2023) EBIT data.

Japan Infrastructure Fund Investment (TSE:9287) 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.

Japan Infrastructure Fund Investment ROCE % Related Terms

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Japan Infrastructure Fund Investment (TSE:9287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Japan Infrastructure Fund Investment Corp (TSE:9287) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-5 Nihonbashi Kayabacho, Chuo-ku, Tokyo Sumitomo Life Kayabacho Building, Tokyo, JPN

Website

https://ji-fund.com

Japan Infrastructure Fund Investment Corp engages in the provision of investment management services. It focuses its investments on solar power generation facilities.

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