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Nippon Kanryu Industry Co (FSE:1771) ROCE % : 28.51% (As of Mar. 2024)


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What is Nippon Kanryu Industry 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. Nippon Kanryu Industry Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 28.51%.


Nippon Kanryu Industry Co ROCE % Historical Data

The historical data trend for Nippon Kanryu Industry 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.

* Premium members only.

Nippon Kanryu Industry Co ROCE % Chart

Nippon Kanryu Industry Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 13.83 17.49 7.05 13.03

Nippon Kanryu Industry 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.61 8.75 -0.55 13.69 28.51

Nippon Kanryu Industry Co ROCE % Calculation

Nippon Kanryu Industry Co's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=1158.978/( ( (13104.511 - 4472.087) + (13438.99 - 4285.831) )/ 2 )
=1158.978/( (8632.424+9153.159)/ 2 )
=1158.978/8892.7915
=13.03 %

Nippon Kanryu Industry 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 )
=2764.768/( ( (14547.896 - 5070.106) + (16805.818 - 6890.646) )/ 2 )
=2764.768/( ( 9477.79 + 9915.172 )/ 2 )
=2764.768/9696.481
=28.51 %

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

* 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.


Nippon Kanryu Industry Co  (FSE:1771) 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.


Nippon Kanryu Industry Co ROCE % Related Terms

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Nippon Kanryu Industry Co (FSE:1771) Business Description

Traded in Other Exchanges
N/A
Address
1-11-11 Maidashi, Higashi-ku, Fukuoka, JPN, 812-0054
Nippon Kanryu Industry Co Ltd is engaged in the construction business which includes traffic safety facilities construction, legal construction, landscape construction, and other construction works. It has disaster prevention safety business which sales disaster prevention goods, industrial safety and health related products. It also has chemicals business consist production of insoluble sulfur, manufacture of environmental type natural soil herbs.

Nippon Kanryu Industry Co (FSE:1771) Headlines

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