Doosan Tesna (XKRX:131970) ROCE % : 7.43% (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Doosan Tesna 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. Doosan Tesna's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.43%.

Doosan Tesna ROCE % Historical Data

The historical data trend for Doosan Tesna'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.

Doosan Tesna ROCE % Chart

Doosan Tesna Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

13.43

10.41

16.01

15.54

10.78

Doosan Tesna 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															9.31	14.81	12.74	8.23	7.43

Doosan Tesna ROCE % Calculation

Doosan Tesna'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 )
	=	60126.289	/	( ( (767016.734 - 275679.314)	+	(763115.31 - 139355.06) )	/ 2 )
	=	60126.289	/	( (491337.42	+	623760.25)	/ 2 )
	=	60126.289	/	557548.835
	=	10.78 %

Doosan Tesna'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 )
	=	46528.12	/	( ( (763115.31 - 139355.06)	+	(769719.053 - 141773.389) )	/ 2 )
	=	46528.12	/	( ( 623760.25	+	627945.664 )	/ 2 )
	=	46528.12	/	625852.957
	=	7.43 %

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

Doosan Tesna (XKRX:131970) 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.

Doosan Tesna ROCE % Related Terms

Thank you for viewing the detailed overview of Doosan Tesna's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Doosan Tesna (XKRX:131970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Doosan Tesna Inc (XKRX:131970) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

72, Road16, Sandanro, Gyeonggi-do, Pyeongtaek-si,, KOR, 459-040

Website

http://www.doosan-tesna.com

Doosan Tesna Inc provides semiconductor testing services. It provides total test service ranging from test program development to probe, final test, and backend service. It provides test services for various semiconductors used in mobile devices, automobiles, appliances, industrial goods, and security.

Doosan Tesna (XKRX:131970) Headlines

No Headlines