Korea Information Certificate Authority (XKRX:053300) ROCE % : 42.88% (As of Mar. 2024)

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What is Korea Information Certificate Authority 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. Korea Information Certificate Authority's annualized ROCE % for the quarter that ended in Mar. 2024 was 42.88%.

Korea Information Certificate Authority ROCE % Historical Data

The historical data trend for Korea Information Certificate Authority'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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Korea Information Certificate Authority ROCE % Chart

Korea Information Certificate Authority Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.62

14.02

10.42

4.04

5.30

Korea Information Certificate Authority Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															2.31	5.79	5.19	8.06	42.88

Korea Information Certificate Authority ROCE % Calculation

Korea Information Certificate Authority'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 )
	=	12013.123	/	( ( (280825.844 - 59708.779)	+	(326818.623 - 94742.561) )	/ 2 )
	=	12013.123	/	( (221117.065	+	232076.062)	/ 2 )
	=	12013.123	/	226596.5635
	=	5.30 %

Korea Information Certificate Authority'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 )
	=	108771.052	/	( ( (326818.623 - 94742.561)	+	(404698.914 - 129472.949) )	/ 2 )
	=	108771.052	/	( ( 232076.062	+	275225.965 )	/ 2 )
	=	108771.052	/	253651.0135
	=	42.88 %

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

Korea Information Certificate Authority (XKRX:053300) 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.

Korea Information Certificate Authority ROCE % Related Terms

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Korea Information Certificate Authority (XKRX:053300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Korea Information Certificate Authority Inc (XKRX:053300) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

PDC, 242, Pangyo-ro, 5th Floor, C-dong, Gyeonggi-do, Bundang-gu, Seongnam, KOR, 13487

Website

http://www.signgate.com

Korea Information Certificate Authority Inc is the South Korea based company which provides certification and authentication services based on public key infrastructure technology. It offers certification solutions, electronic contract platforms, biometric authentication services, SSL certificates, and device certificates. It mainly provides Confirmation of the identity, Data alteration, and Manipulation, Authentication, and Prevention of repudiation services.

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