Marubeni (TSE:8002) ROCE % : 11.44% (As of Dec. 2023)

View and export this data going back to 1950. Start your Free Trial

What is Marubeni 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. Marubeni's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.44%.

Marubeni ROCE % Historical Data

The historical data trend for Marubeni'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.

Marubeni ROCE % Chart

Marubeni Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

7.94

-2.88

7.52

12.48

14.55

Marubeni 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															14.48	8.37	14.22	10.66	11.44

Marubeni ROCE % Calculation

Marubeni's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	708527	/	( ( (8255583 - 3673069)	+	(7953604 - 2797370) )	/ 2 )
	=	708527	/	( (4582514	+	5156234)	/ 2 )
	=	708527	/	4869374
	=	14.55 %

Marubeni'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 )
	=	653244	/	( ( (8261515 - 2511887)	+	(8487617 - 2817455) )	/ 2 )
	=	653244	/	( ( 5749628	+	5670162 )	/ 2 )
	=	653244	/	5709895
	=	11.44 %

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

Marubeni (TSE:8002) 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.

Marubeni ROCE % Related Terms

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

Marubeni (TSE:8002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Marubeni Corp (TSE:8002) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MARUY:USA MARUF:USA MARA:Germany MARA:Germany

Address

Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, JPN, 103-6060

Website

https://www.marubeni.com

Marubeni Corp is a general trading company. It focuses on both trading and business investments in grain fields, natural resource and energy fields, and power generation fields. Investing in farms, power plants, mines, transportation systems, and other distributors allows the company to sell resources to the world market. Marubeni has entered these various markets through multiple avenues. It may either acquire an existing business or develop an entire project internally. The two regions generating the most sales are Japan and the United States. Approximately half of sales derive from Japan, with another third coming from the United States.

Marubeni (TSE:8002) Headlines

No Headlines