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San-Ai Obbli Co (TSE:8097) ROCE % : 12.29% (As of Dec. 2023)


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What is San-Ai Obbli 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. San-Ai Obbli Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.29%.


San-Ai Obbli Co ROCE % Historical Data

The historical data trend for San-Ai Obbli 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.

San-Ai Obbli Co ROCE % Chart

San-Ai Obbli Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.01 9.09 10.13 12.84 12.57

San-Ai Obbli 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.77 12.13 14.70 12.29 11.57

San-Ai Obbli Co ROCE % Calculation

San-Ai Obbli Co's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=17221/( ( (201244 - 67453) + (218607 - 78488) )/ 2 )
=17221/( (133791+140119)/ 2 )
=17221/136955
=12.57 %

San-Ai Obbli Co'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 )
=16696/( ( (207652 - 71291) + (214187 - 78873) )/ 2 )
=16696/( ( 136361 + 135314 )/ 2 )
=16696/135837.5
=12.29 %

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

* 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.


San-Ai Obbli Co  (TSE:8097) 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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San-Ai Obbli Co (TSE:8097) Business Description

Traded in Other Exchanges
N/A
Address
2-3-2, Otemachi, Chiyoda-ku, 10th Floor, Otemachiplace East Tower, Tokyo, JPN, 100-8154
San-Ai Obbli Co Ltd is engaged in the marketing and retailing of Petroleum Products and Liquefied Petroleum Gas (LPG). The company provides service of storage and related operation of petroleum products, gas pipeline service, aviation fuel storage facility, into-plane fuel service. It also focuses on designing, constructing, and consulting airport fuel storage and hydrant system. San-Ai Oil is involved in the sale of biocide products, fire extinguishing agents, and other chemical products and energy-saving devices.

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