CreativeForge Games (STU:19F) ROCE % : 6.91% (As of Mar. 2024)

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What is CreativeForge Games 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. CreativeForge Games's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.91%.

CreativeForge Games ROCE % Historical Data

The historical data trend for CreativeForge Games'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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CreativeForge Games ROCE % Chart

CreativeForge Games Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

-5.63

-0.74

-0.01

-0.55

-21.92

CreativeForge Games Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															-95.36	-15.93	-5.47	-7.35	6.91

CreativeForge Games ROCE % Calculation

CreativeForge Games's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.415	/	( ( (2.62 - 0.114)	+	(1.377 - 0.096) )	/ 2 )
	=	-0.415	/	( (2.506	+	1.281)	/ 2 )
	=	-0.415	/	1.8935
	=	-21.92 %

CreativeForge Games's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	0.084	/	( ( (1.351 - 0.057)	+	(1.162 - 0.025) )	/ 2 )
	=	0.084	/	( ( 1.294	+	1.137 )	/ 2 )
	=	0.084	/	1.2155
	=	6.91 %

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

CreativeForge Games (STU:19F) 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.

CreativeForge Games ROCE % Related Terms

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CreativeForge Games (STU:19F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CreativeForge Games SA (STU:19F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CFG:Poland

Address

Aleja National Education Commission 95, klatka 18, pietro 4, Warsaw, POL, 02-777

Website

http://www.creativeforge.pl

CreativeForge Games SA is a game development studio. It creates games for PC, PlayStation, Xbox, and other devices. The company's games include Hard West, Phantom Doctrine, and The tactical Cold War.

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