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Bankware Global Co (XKRX:199480) ROC % : -72.15% (As of Dec. 2023)


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What is Bankware Global Co ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Bankware Global Co's annualized return on capital (ROC %) for the quarter that ended in Dec. 2023 was -72.15%.

As of today (2025-03-16), Bankware Global Co's WACC % is 0.00%. Bankware Global Co's ROC % is 0.00% (calculated using TTM income statement data). Bankware Global Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Bankware Global Co ROC % Historical Data

The historical data trend for Bankware Global Co's ROC % 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.

Bankware Global Co ROC % Chart

Bankware Global Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC %
Get a 7-Day Free Trial Premium Member Only 15.92 2.93 13.88 -15.90 -18.04

Bankware Global Co Quarterly Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC % Get a 7-Day Free Trial Premium Member Only 63.69 11.72 55.50 -63.60 -72.15

Bankware Global Co ROC % Calculation

Bankware Global Co's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=-4556.157 * ( 1 - -30.05% )/( (41704.16 + 23999.499)/ 2 )
=-5925.2821785/32851.8295
=-18.04 %

where

Invested Capital(A: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=49006.933 - 5567.425 - ( 21772.672 - max(0, 41510.773 - 43246.121+21772.672))
=41704.16

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=45063.862 - 7414.569 - ( 13649.794 - max(0, 18769.254 - 34869.968+13649.794))
=23999.499

Bankware Global Co's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-18224.628 * ( 1 - -30.05% )/( (41704.16 + 23999.499)/ 2 )
=-23701.128714/32851.8295
=-72.15 %

where

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=49006.933 - 5567.425 - ( 21772.672 - max(0, 41510.773 - 43246.121+21772.672))
=41704.16

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=45063.862 - 7414.569 - ( 13649.794 - max(0, 18769.254 - 34869.968+13649.794))
=23999.499

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) 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.


Bankware Global Co  (XKRX:199480) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Bankware Global Co's WACC % is 0.00%. Bankware Global Co's ROC % is 0.00% (calculated using TTM income statement data). Bankware Global Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Bankware Global Co ROC % Related Terms

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Bankware Global Co Business Description

Traded in Other Exchanges
N/A
Address
19, Seosomun-ro 11-gil, 12th floor, B-dong, Jeong-dong, Baejae Jeong-dong Building, Jung-gu, Seoul, KOR
Bankware Global Co Ltd operates as a banking software developer. The company provides financial software development and core banking solutions. The company develops financial institution products and financial transaction business software and supplies them to domestic and international banks and financial companies.

Bankware Global Co Headlines

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