Asua (TSE:246A) ROCE % : 28.72% (As of Jun. 2024)

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What is Asua 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. Asua's annualized ROCE % for the quarter that ended in Jun. 2024 was 28.72%.

Asua ROCE % Historical Data

The historical data trend for Asua'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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Asua ROCE % Chart

Asua Annual Data

Trend

Jun22

Jun23

Jun24

ROCE %

18.67

18.48

28.72

Asua Semi-Annual Data
	Jun22	Jun23	Jun24
ROCE %	18.67	18.48	28.72

Asua ROCE % Calculation

Asua's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	171.405	/	( ( (1135.396 - 569.295)	+	(1166.743 - 539.252) )	/ 2 )
	=	171.405	/	( (566.101	+	627.491)	/ 2 )
	=	171.405	/	596.796
	=	28.72 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	171.405	/	( ( (1135.396 - 569.295)	+	(1166.743 - 539.252) )	/ 2 )
	=	171.405	/	( ( 566.101	+	627.491 )	/ 2 )
	=	171.405	/	596.796
	=	28.72 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

Asua (TSE:246A) 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.

Asua ROCE % Related Terms

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Asua Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Asua Inc (TSE:246A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1Chome-11 Koganedori Nakamura-ku, Aichi, Nagoya-shi, JPN, 453-0804

Website

https://www.asua.ne.jp

Asua Inc is engaged in consulting for logistics companies on such as safety activities, Sales of telecommunications equipment, and Development of CRM, etc.

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