OBIC Business Consultants Co (TSE:4733) ROCE % : 14.28% (As of Mar. 2024)

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What is OBIC Business Consultants 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. OBIC Business Consultants Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.28%.

OBIC Business Consultants Co ROCE % Historical Data

The historical data trend for OBIC Business Consultants 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.

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OBIC Business Consultants Co ROCE % Chart

OBIC Business Consultants Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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10.60

10.01

11.72

10.14

12.44

OBIC Business Consultants Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															12.27	10.20	11.86	13.46	14.28

OBIC Business Consultants Co ROCE % Calculation

OBIC Business Consultants Co'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 )
	=	18748.086	/	( ( (179314.691 - 33227.281)	+	(197806.992 - 42502.286) )	/ 2 )
	=	18748.086	/	( (146087.41	+	155304.706)	/ 2 )
	=	18748.086	/	150696.058
	=	12.44 %

OBIC Business Consultants Co'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 )
	=	21954.072	/	( ( (188076.046 - 35953.88)	+	(197806.992 - 42502.286) )	/ 2 )
	=	21954.072	/	( ( 152122.166	+	155304.706 )	/ 2 )
	=	21954.072	/	153713.436
	=	14.28 %

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

OBIC Business Consultants Co (TSE:4733) 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.

OBIC Business Consultants Co ROCE % Related Terms

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OBIC Business Consultants Co (TSE:4733) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OBIC Business Consultants Co Ltd (TSE:4733) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

8-1 Nishi-Shinjuku 6-Chome, Shinjuku-Ku, Tokyo, JPN, 1630480

Website

http://www.obc.co.jp

OBIC Business Consultants Co., Ltd. Is engaged in providing services such as maintenance and introduction guidance for development and sales of products of business solution technology, and IT solution technology. The company focuses on medium-sized enterprises and, medium and small-sized companies.

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