I-Net (TSE:9600) ROCE % : 0.00% (As of Sep. 2024)

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

I-Net ROCE % Historical Data

The historical data trend for I-Net'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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I-Net ROCE % Chart

I-Net Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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12.00

10.06

11.00

8.68

12.93

I-Net 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															12.28	15.70	12.05	13.87	-

I-Net ROCE % Calculation

I-Net'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 )
	=	3162.001	/	( ( (32630.314 - 9294.54)	+	(37607.445 - 12045.355) )	/ 2 )
	=	3162.001	/	( (23335.774	+	25562.09)	/ 2 )
	=	3162.001	/	24448.932
	=	12.93 %

I-Net'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	/	( ( (37607.445 - 12045.355)	+	(36436.569 - 13064.373) )	/ 2 )
	=	0	/	( ( 25562.09	+	23372.196 )	/ 2 )
	=	0	/	24467.143
	=	0.00 %

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

I-Net (TSE:9600) 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.

I-Net ROCE % Related Terms

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I-Net Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » I-Net Corp (TSE:9600) » Definitions » ROCE %

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Address

23F, MitsubishiJuko Yokohama Building, 3-3-1 Minatomirai, Nishi-Ku, Yokohama, JPN, 220-8401

Website

http://www.inet.co.jp

I-Net Corp is engaged in providing information processing service, system development service, and system equipment sales.

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