Acer Gaming (ROCO:6908) ROCE % : 2.22% (As of Dec. 2023)

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What is Acer Gaming 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. Acer Gaming's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.22%.

Acer Gaming ROCE % Historical Data

The historical data trend for Acer Gaming'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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Acer Gaming ROCE % Chart

Acer Gaming Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

60.10

62.59

6.43

5.41

Acer Gaming Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			33.77	18.32	6.09	9.04	2.22

Acer Gaming ROCE % Calculation

Acer Gaming'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 )
	=	86.506	/	( ( (2311.523 - 788.468)	+	(2586.944 - 914.403) )	/ 2 )
	=	86.506	/	( (1523.055	+	1672.541)	/ 2 )
	=	86.506	/	1597.798
	=	5.41 %

Acer Gaming's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	35.458	/	( ( (2174.84 - 653.689)	+	(2586.944 - 914.403) )	/ 2 )
	=	35.458	/	( ( 1521.151	+	1672.541 )	/ 2 )
	=	35.458	/	1596.846
	=	2.22 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Acer Gaming (ROCO:6908) 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.

Acer Gaming ROCE % Related Terms

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Acer Gaming (ROCO:6908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Acer Gaming Inc (ROCO:6908) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuxing North Road, 7th Floor-5, 369, Taipei City, TWN, 10541

Website

https://www.acergaming.com

Acer Gaming Inc operates electronic sports businesses. The company offers electronic sports community platform development, game entertainment channel agency sales, and other services. Its products cover game software, and hardware peripherals.

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