BroadBand Tower (TSE:3776) ROCE % : 0.04% (As of Dec. 2023)

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What is BroadBand Tower 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. BroadBand Tower's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.04%.

BroadBand Tower ROCE % Historical Data

The historical data trend for BroadBand Tower'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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BroadBand Tower ROCE % Chart

BroadBand Tower Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-3.48

2.28

-1.74

-0.27

-1.13

BroadBand Tower 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															-15.85	-1.06	-0.88	-2.56	0.04

BroadBand Tower ROCE % Calculation

BroadBand Tower's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-178.368	/	( ( (20523.166 - 4268.859)	+	(19478.376 - 4269.759) )	/ 2 )
	=	-178.368	/	( (16254.307	+	15208.617)	/ 2 )
	=	-178.368	/	15731.462
	=	-1.13 %

BroadBand Tower'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 )
	=	6.12	/	( ( (20134.523 - 4331.285)	+	(19478.376 - 4269.759) )	/ 2 )
	=	6.12	/	( ( 15803.238	+	15208.617 )	/ 2 )
	=	6.12	/	15505.9275
	=	0.04 %

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

BroadBand Tower (TSE:3776) 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.

BroadBand Tower ROCE % Related Terms

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BroadBand Tower (TSE:3776) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BroadBand Tower Inc (TSE:3776) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-2-6 Akasaka, Tokyo, JPN

Website

http://www.bbtower.co.jp

BroadBand Tower, Inc. is a Japan-based company engaged in the provision of internet services. The company offers various services such as portal and e-commerce sites, video distribution sites, and social media and others. It operates through two businesses namely computer platform and fashion industry platform. The computer platform business includes data center and cloud services, storage products, and the internet of things. Its fashion industry platform business provides electronic-commerce support services, apparel planning, manufacturing and marketing and television shopping support services.

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