Katakura Industries Co (TSE:3001) ROCE % : 4.17% (As of Mar. 2024)

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What is Katakura Industries 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. Katakura Industries Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.17%.

Katakura Industries Co ROCE % Historical Data

The historical data trend for Katakura Industries 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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Katakura Industries Co ROCE % Chart

Katakura Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.71

3.87

6.43

3.25

3.88

Katakura Industries 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															4.33	5.27	3.88	1.88	4.17

Katakura Industries Co ROCE % Calculation

Katakura Industries 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 )
	=	4671	/	( ( (138114 - 19041)	+	(139611 - 17726) )	/ 2 )
	=	4671	/	( (119073	+	121885)	/ 2 )
	=	4671	/	120479
	=	3.88 %

Katakura Industries 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 )
	=	5116	/	( ( (139611 - 17726)	+	(141440 - 17751) )	/ 2 )
	=	5116	/	( ( 121885	+	123689 )	/ 2 )
	=	5116	/	122787
	=	4.17 %

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

Katakura Industries Co (TSE:3001) 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.

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Katakura Industries Co (TSE:3001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Katakura Industries Co Ltd (TSE:3001) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-4 Akashi-cho, Chuo-ku, Tokyo, JPN, 104-8312

Website

http://www.katakura.co.jp

Katakura Industries Co Ltd is a Japan-based company. It operates in five business divisions including textile, pharmaceutical, machinery related, real estate and other business. Its textile business includes clothing items and brand licenses including innerwear and legwear. The pharmaceutical business offers medicines centered on cardiac drugs and vitamin drugs. Machinery business is engaged in developing and proposing various products corresponding to environment-oriented based on cultivated technology. Real estate business is engaged in developing and leasing shopping centers, and comprehensive model home park sites. Katakura is also engaged in the production and sale of honey bees for breeding, agrochemicals, and sale of honey produced.

Katakura Industries Co (TSE:3001) Headlines

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