Longterm Games (WAR:LTM) ROCE % : -31.42% (As of Mar. 2024)

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What is Longterm 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. Longterm Games's annualized ROCE % for the quarter that ended in Mar. 2024 was -31.42%.

Longterm Games ROCE % Historical Data

The historical data trend for Longterm 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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Longterm Games ROCE % Chart

Longterm Games Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-1.99

-7.37

-93.73

-41.35

Longterm Games Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							-15.60	-4.28	-9.95	-137.92	-31.42

Longterm Games ROCE % Calculation

Longterm Games'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 )
	=	-0.501	/	( ( (1.507 - 0.043)	+	(0.967 - 0.008) )	/ 2 )
	=	-0.501	/	( (1.464	+	0.959)	/ 2 )
	=	-0.501	/	1.2115
	=	-41.35 %

Longterm 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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.288	/	( ( (0.967 - 0.008)	+	(0.884 - 0.01) )	/ 2 )
	=	-0.288	/	( ( 0.959	+	0.874 )	/ 2 )
	=	-0.288	/	0.9165
	=	-31.42 %

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

Longterm Games (WAR:LTM) 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.

Longterm Games ROCE % Related Terms

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Longterm Games (WAR:LTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Longterm Games SA (WAR:LTM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Foksal 16/417, Warsaw, POL, 00-372

Website

https://www.longtermgames.pl

Longterm Games SA is a publisher and developer of PC and console games, based in Poland. It generates income from the sale of the basic version as well as from add-ons, multiplayer modes (co-op), packages with access to all expansions (the so-called season pass), and subsequent parts (sequels).

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