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Inforich (TSE:9338) ROCE % : 14.16% (As of Mar. 2024)


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What is Inforich 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. Inforich's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.16%.


Inforich ROCE % Historical Data

The historical data trend for Inforich'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.

Inforich ROCE % Chart

Inforich Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
-80.81 -65.06 -31.20 16.37

Inforich Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only -7.37 19.84 29.66 25.98 14.16

Inforich ROCE % Calculation

Inforich'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 )
=580.751/( ( (5992.805 - 2751.93) + (8753.463 - 4898.081) )/ 2 )
=580.751/( (3240.875+3855.382)/ 2 )
=580.751/3548.1285
=16.37 %

Inforich's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=560.408/( ( (8753.463 - 4898.081) + (9623.066 - 5561.281) )/ 2 )
=560.408/( ( 3855.382 + 4061.785 )/ 2 )
=560.408/3958.5835
=14.16 %

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


Inforich  (TSE:9338) 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.


Inforich ROCE % Related Terms

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Inforich (TSE:9338) Business Description

Traded in Other Exchanges
N/A
Address
A-6A 6-31-15 Jinguumae, Shibuya-ku, Tokyo, JPN, 150-0001
Inforich Inc is engaged in the operation of ChargeSPOT, a mobile battery sharing service sales and operation of signage advertising associated with ChargeSPOT.

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