Shirohato Co (TSE:3192) ROCE % : 0.89% (As of Feb. 2024)

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What is Shirohato 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. Shirohato Co's annualized ROCE % for the quarter that ended in Feb. 2024 was 0.89%.

Shirohato Co ROCE % Historical Data

The historical data trend for Shirohato 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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Shirohato Co ROCE % Chart

Shirohato Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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-1.53

-6.84

-5.00

2.12

-1.76

Shirohato Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															1.31	-6.53	-0.42	-0.72	0.89

Shirohato Co ROCE % Calculation

Shirohato Co's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	-55.674	/	( ( (6287.229 - 4007.42)	+	(5760.981 - 1714.018) )	/ 2 )
	=	-55.674	/	( (2279.809	+	4046.963)	/ 2 )
	=	-55.674	/	3163.386
	=	-1.76 %

Shirohato Co's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	36.484	/	( ( (6305.344 - 2199.337)	+	(5760.981 - 1714.018) )	/ 2 )
	=	36.484	/	( ( 4106.007	+	4046.963 )	/ 2 )
	=	36.484	/	4076.485
	=	0.89 %

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

Shirohato Co (TSE:3192) 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.

Shirohato Co ROCE % Related Terms

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Shirohato Co (TSE:3192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shirohato Co Ltd (TSE:3192) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Taketa Tomoda-cho, Fushimi-ku, Kyoto, JPN, 612-8418

Website

http://www.shirohato.co.jp

Shirohato Co Ltd operates as an online shopping website company. It offers innerwear for men and women. The business activity of the group include purchasing of inner wear from inner manufacturers and sell to individual customers through various channels on the Internet.

Shirohato Co (TSE:3192) Headlines

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