Suresofttech (XKRX:298830) ROCE % : -5.50% (As of Mar. 2025)

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What is Suresofttech 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. Suresofttech's annualized ROCE % for the quarter that ended in Mar. 2025 was -5.50%.

Suresofttech ROCE % Historical Data

The historical data trend for Suresofttech'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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Suresofttech ROCE % Chart

Suresofttech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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11.79

15.94

16.32

9.38

10.65

Suresofttech Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial										-5.95	8.19	9.66	30.93	-5.50

Suresofttech ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	12290.726	/	( ( (158138.923 - 46899.003)	+	(162364.676 - 42689.327) )	/ 2 )
	=	12290.726	/	( (111239.92	+	119675.349)	/ 2 )
	=	12290.726	/	115457.6345
	=	10.65 %

Suresofttech's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	-6550.936	/	( ( (162364.676 - 42689.327)	+	(161029.313 - 42666.418) )	/ 2 )
	=	-6550.936	/	( ( 119675.349	+	118362.895 )	/ 2 )
	=	-6550.936	/	119019.122
	=	-5.50 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Suresofttech (XKRX:298830) 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.

Suresofttech ROCE % Related Terms

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Suresofttech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Suresofttech Inc (XKRX:298830) » Definitions » ROCE %

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N/A

Address

37, Geumto-ro 80beon-gil, Building E, Infinity Tower, Sujeong-gu, Gyeonggi-do, Seongnam-si, KOR

Website

https://www.suresofttech.com/eng

Suresofttech Inc is a software company that provides test automation tools and verification services for software safety verification in the mission-critical (high reliability) industry.

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