RMDEF (Remedy Entertainment) ROCE % : -16.80% (As of Jun. 2024)

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What is Remedy Entertainment 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. Remedy Entertainment's annualized ROCE % for the quarter that ended in Jun. 2024 was -16.80%.

Remedy Entertainment ROCE % Historical Data

The historical data trend for Remedy Entertainment'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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Remedy Entertainment ROCE % Chart

Remedy Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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24.10

40.85

17.72

-1.09

-35.17

Remedy Entertainment Quarterly Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial												-9.71	9.58	-19.60	-	-16.80

Remedy Entertainment ROCE % Calculation

Remedy Entertainment'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 )
	=	-29.939	/	( ( (105.458 - 10.646)	+	(86.434 - 10.988) )	/ 2 )
	=	-29.939	/	( (94.812	+	75.446)	/ 2 )
	=	-29.939	/	85.129
	=	-35.17 %

Remedy Entertainment's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-12.408	/	( ( (86.434 - 10.988)	+	(97.165 - 24.907) )	/ 2 )
	=	-12.408	/	( ( 75.446	+	72.258 )	/ 2 )
	=	-12.408	/	73.852
	=	-16.80 %

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

Remedy Entertainment (OTCPK:RMDEF) 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.

Remedy Entertainment ROCE % Related Terms

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Remedy Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Remedy Entertainment PLC (OTCPK:RMDEF) » Definitions » ROCE %

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Traded in Other Exchanges

REMEDY:Finland 8P8:Germany

Address

Luomanportti 3, Espoo, FIN, 02200

Website

https://www.remedygames.com

Remedy Entertainment PLC is a gaming company developing narrative and visually impressive console and computer games, published by partners such as Microsoft, Rockstar Games and Smile Gate. It published games such as Death Rally, Max Payne, among others.