Terminalcare Support Institute (TSE:7362) ROCE % : 13.11% (As of Dec. 2023)

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What is Terminalcare Support Institute 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. Terminalcare Support Institute's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.11%.

Terminalcare Support Institute ROCE % Historical Data

The historical data trend for Terminalcare Support Institute'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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Terminalcare Support Institute ROCE % Chart

Terminalcare Support Institute Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.82

10.93

11.64

12.55

9.70

Terminalcare Support Institute Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial											14.87	0.39	16.54	7.86	13.11

Terminalcare Support Institute ROCE % Calculation

Terminalcare Support Institute'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 )
	=	214.547	/	( ( (3030.265 - 946.06)	+	(4093.166 - 1754.704) )	/ 2 )
	=	214.547	/	( (2084.205	+	2338.462)	/ 2 )
	=	214.547	/	2211.3335
	=	9.70 %

Terminalcare Support Institute's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	305.412	/	( ( (3730.241 - 1410.094)	+	(4093.166 - 1754.704) )	/ 2 )
	=	305.412	/	( ( 2320.147	+	2338.462 )	/ 2 )
	=	305.412	/	2329.3045
	=	13.11 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Terminalcare Support Institute (TSE:7362) 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.

Terminalcare Support Institute ROCE % Related Terms

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Terminalcare Support Institute (TSE:7362) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Terminalcare Support Institute Inc (TSE:7362) » Definitions » ROCE %

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Address

75-4 Katsuraminamitatsu-cho, Nishikyo-ku, Kyoto-shi, Kyoto, JPN, 615-8074

Website

https://www.t-s-i.jp

Terminalcare Support Institute Inc is engaged in building elderly housing with supportive services and providing home-care services.

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