International Games System Co (ROCO:3293) ROCE % : 92.78% (As of Mar. 2024)

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What is International Games System 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. International Games System Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 92.78%.

International Games System Co ROCE % Historical Data

The historical data trend for International Games System 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.

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International Games System Co ROCE % Chart

International Games System Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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52.46

68.32

71.83

65.70

67.42

International Games System 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															61.40	75.01	86.01	65.81	92.78

International Games System Co ROCE % Calculation

International Games System Co'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 )
	=	7765.004	/	( ( (14180.483 - 3424.48)	+	(16450.558 - 4173.101) )	/ 2 )
	=	7765.004	/	( (10756.003	+	12277.457)	/ 2 )
	=	7765.004	/	11516.73
	=	67.42 %

International Games System Co'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 )
	=	9987.928	/	( ( (16450.558 - 4173.101)	+	(18807.956 - 9554.655) )	/ 2 )
	=	9987.928	/	( ( 12277.457	+	9253.301 )	/ 2 )
	=	9987.928	/	10765.379
	=	92.78 %

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

International Games System Co (ROCO:3293) 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.

International Games System Co ROCE % Related Terms

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International Games System Co (ROCO:3293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » International Games System Co Ltd (ROCO:3293) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 130, Wugong Road, Wugu District, New Taipei, TWN, 24886

Website

https://www.igs.com.tw

International Games System Co Ltd plans, designs, researches, develops, manufactures, markets, and services commercial electronic arcade games, related software and hardware products, online games and mobile games. It offers arcade game, online game, mobile game, simulator machine games and online games. All the business activity is primarily operated through Taiwan.

International Games System Co (ROCO:3293) Headlines

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