Goodbye Kansas Group AB (FRA:3MB) ROCE % : 0.00% (As of Dec. 2024)

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What is Goodbye Kansas Group AB 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. Goodbye Kansas Group AB's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Goodbye Kansas Group AB ROCE % Historical Data

The historical data trend for Goodbye Kansas Group AB'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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Goodbye Kansas Group AB ROCE % Chart

Goodbye Kansas Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-53.02

-69.65

-85.40

-198.18

-511.50

Goodbye Kansas Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-	-742.17	-	-	-

Goodbye Kansas Group AB ROCE % Calculation

Goodbye Kansas Group AB'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 )
	=	-4.381	/	( ( (9.129 - 6.917)	+	(3.787 - 4.286) )	/ 2 )
	=	-4.381	/	( (2.212	+	-0.499)	/ 2 )
	=	-4.381	/	0.8565
	=	-511.50 %

Goodbye Kansas Group AB's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2.828	/	( ( (3.348 - 4.946)	+	(3.787 - 4.286) )	/ 2 )
	=	2.828	/	( ( -1.598	+	-0.499 )	/ 2 )
	=	2.828	/	-1.0485
	=	0 %

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

Goodbye Kansas Group AB (FRA:3MB) 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.

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Goodbye Kansas Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Goodbye Kansas Group AB (FRA:3MB) » Definitions » ROCE %

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GBK:Sweden

Address

Hammarbyterrassen 3, Stockholm, SWE, SE-120 30

Website

https://www.goodbyekansasgroup.com

Goodbye Kansas Group AB specializes in visual content and technology. The company develops products and solutions based on the latest technology with a focus on Visual Effects (VFX), Animation, Game Trailers, and In-Game. The group is organized in two parts: Goodbye Kansas Studios and Other Operations. Goodbye Kansas Studios includes the studio business which offers visual content to film, TV and gaming. Other operations include the companies Vobling which offers virtual training through VR and Plotagon Production which offers an app for 3D animation.

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