Geolocation Technology (FSE:4018) ROCE % : 15.06% (As of Dec. 2023)

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What is Geolocation Technology 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. Geolocation Technology's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.06%.

Geolocation Technology ROCE % Historical Data

The historical data trend for Geolocation Technology'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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Geolocation Technology ROCE % Chart

Geolocation Technology Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

11.08

18.20

25.50

39.50

13.61

Geolocation Technology Quarterly Data
	Jun19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial										4.40	27.71	-26.90	12.36	15.06

Geolocation Technology ROCE % Calculation

Geolocation Technology's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	74.254	/	( ( (715.744 - 186.904)	+	(703.368 - 141.3) )	/ 2 )
	=	74.254	/	( (528.84	+	562.068)	/ 2 )
	=	74.254	/	545.454
	=	13.61 %

Geolocation Technology'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 )
	=	86.392	/	( ( (717.569 - 151.221)	+	(734.735 - 153.718) )	/ 2 )
	=	86.392	/	( ( 566.348	+	581.017 )	/ 2 )
	=	86.392	/	573.6825
	=	15.06 %

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

Geolocation Technology (FSE:4018) 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.

Geolocation Technology ROCE % Related Terms

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Geolocation Technology (FSE:4018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Geolocation Technology Inc (FSE:4018) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18-22 Ichibancho, Mishima, Shizuoka, JPN, 411-0036

Website

https://www.geolocation.co.jp

Geolocation Technology Inc is engaged in the development of application services based on SURFPOINT, the data base of IP addresses. It is primarily involved in intellectual property geolocation business, Ad Tech business, IP address transfer business, web content production business, web marketing business and others.

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