B-R 31 Ice Cream Co (TSE:2268) ROCE % : 7.23% (As of Mar. 2024)

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What is B-R 31 Ice Cream 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. B-R 31 Ice Cream Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.23%.

B-R 31 Ice Cream Co ROCE % Historical Data

The historical data trend for B-R 31 Ice Cream 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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B-R 31 Ice Cream Co ROCE % Chart

B-R 31 Ice Cream Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.05

5.79

9.65

12.64

13.09

B-R 31 Ice Cream 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															6.63	17.66	31.07	-3.12	7.23

B-R 31 Ice Cream Co ROCE % Calculation

B-R 31 Ice Cream Co'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 )
	=	1848.816	/	( ( (19960.721 - 6232.989)	+	(21351.145 - 6821.403) )	/ 2 )
	=	1848.816	/	( (13727.732	+	14529.742)	/ 2 )
	=	1848.816	/	14128.737
	=	13.09 %

B-R 31 Ice Cream 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 )
	=	1049.636	/	( ( (21351.145 - 6821.403)	+	(20107.298 - 5586.968) )	/ 2 )
	=	1049.636	/	( ( 14529.742	+	14520.33 )	/ 2 )
	=	1049.636	/	14525.036
	=	7.23 %

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

B-R 31 Ice Cream Co (TSE:2268) 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.

B-R 31 Ice Cream Co ROCE % Related Terms

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B-R 31 Ice Cream Co (TSE:2268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » B-R 31 Ice Cream Co Ltd (TSE:2268) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-2-1 Kami-Osaki, Shinagawa-ku, Tokyo Meguro Center, Tokyo, JPN, 141-0021

Website

http://www.31ice.co.jp

B-R 31 Ice Cream Co Ltd is a Japan-based company engaged in the operation of ice cream store chains, as well as the manufacture and sale of ice cream products. Its products include various varieties of ice-creams such as ice sand, ice cream cake, Sunday, pink strawberry soda, popping soda, cafe jelly, blast, and frozen float.

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