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Hyundai HYSCO (XKRX:010520) ROCE % : -0.64% (As of Mar. 2015)


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What is Hyundai HYSCO 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. Hyundai HYSCO's annualized ROCE % for the quarter that ended in Mar. 2015 was -0.64%.


Hyundai HYSCO ROCE % Historical Data

The historical data trend for Hyundai HYSCO'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.

* Premium members only.

Hyundai HYSCO ROCE % Chart

Hyundai HYSCO Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROCE %
Get a 7-Day Free Trial 14.96 17.87 1.89 -3.94 8.02

Hyundai HYSCO Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.85 18.85 3.98 3.10 -0.64

Hyundai HYSCO ROCE % Calculation

Hyundai HYSCO's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=58937.783/( ( (1152040.338 - 551591.702) + (1237890.543 - 367950.586) )/ 2 )
=58937.783/( (600448.636+869939.957)/ 2 )
=58937.783/735194.2965
=8.02 %

Hyundai HYSCO's ROCE % of for the quarter that ended in Mar. 2015 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=-5581.7/( ( (1237890.543 - 367950.586) + (1187142.96 - 305784.822) )/ 2 )
=-5581.7/( ( 869939.957 + 881358.138 )/ 2 )
=-5581.7/875649.0475
=-0.64 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2015) EBIT data.

* 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.


Hyundai HYSCO  (XKRX:010520) 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.


Hyundai HYSCO ROCE % Related Terms

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Hyundai HYSCO (XKRX:010520) Business Description

Traded in Other Exchanges
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Address
Hyundai Hysco Co., Ltd. was established as a subsidiary of Hyundai Motor. The company manufactures steel pipes and sheets. The company also engages in developing fuel cell, and oversease resources. There are many branch offices in various countries.

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