Creema (TSE:4017) ROCE % : 17.03% (As of Feb. 2024)

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What is Creema 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. Creema's annualized ROCE % for the quarter that ended in Feb. 2024 was 17.03%.

Creema ROCE % Historical Data

The historical data trend for Creema'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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Creema ROCE % Chart

Creema Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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5.14

17.18

23.74

-28.25

6.21

Creema Quarterly Data
	Feb19	Feb20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial												-29.47	11.15	-1.70	-2.77	17.03

Creema ROCE % Calculation

Creema'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 )
	=	75.749	/	( ( (3433.488 - 2321.302)	+	(3588.127 - 2262.294) )	/ 2 )
	=	75.749	/	( (1112.186	+	1325.833)	/ 2 )
	=	75.749	/	1219.0095
	=	6.21 %

Creema'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 )
	=	222.48	/	( ( (3500.266 - 2213.48)	+	(3588.127 - 2262.294) )	/ 2 )
	=	222.48	/	( ( 1286.786	+	1325.833 )	/ 2 )
	=	222.48	/	1306.3095
	=	17.03 %

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

Creema (TSE:4017) 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.

Creema ROCE % Related Terms

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Creema (TSE:4017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Creema Ltd (TSE:4017) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-12-5 Kitaaoyama, Minato-ku, Tokyo, JPN, 107-0061

Website

https://www.creema.co.jp

Creema Ltd is engaged in planning, development and operation of the handmade marketplace Creema and provision of various services for empowering creators. It also engages in planning, production, management of handmade in Japan festival (HMJ), creamer craft party. Its Creema is a handmade marketplace, where creators and consumers can buy and sell works directly online.

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