Tea Life Co (TSE:3172) ROCE % : 5.47% (As of Apr. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Tea Life 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. Tea Life Co's annualized ROCE % for the quarter that ended in Apr. 2024 was 5.47%.

Tea Life Co ROCE % Historical Data

The historical data trend for Tea Life 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.

Tea Life Co ROCE % Chart

Tea Life Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

Get a 7-Day Free Trial

7.34

9.84

15.29

12.10

13.47

Tea Life Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
ROCE %	Get a 7-Day Free Trial															6.44	22.95	2.85	10.94	5.47

Tea Life Co ROCE % Calculation

Tea Life Co's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	949	/	( ( (8274 - 1423)	+	(8567 - 1323) )	/ 2 )
	=	949	/	( (6851	+	7244)	/ 2 )
	=	949	/	7047.5
	=	13.47 %

Tea Life Co's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	404	/	( ( (8651 - 1476)	+	(9082 - 1485) )	/ 2 )
	=	404	/	( ( 7175	+	7597 )	/ 2 )
	=	404	/	7386
	=	5.47 %

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

Tea Life Co (TSE:3172) 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.

Tea Life Co ROCE % Related Terms

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

Tea Life Co (TSE:3172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tea Life Co Ltd (TSE:3172) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Ushio Area, Shimada-shi, Shizuoka, JPN, 428-8651

Website

http://www.tealife.co.jp

Tea Life Co Ltd is a Japan-based company engaged in the mail order sale business including product manufacturing, purchase, order accepting, shipping, bill collection and other related businesses. The company is engaged in the mail-order sale of health food, cosmetics, and other products through its own catalogs and shopping websites.

Tea Life Co (TSE:3172) Headlines

No Headlines