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Curable (XKRX:086460) ROCE % : -24.59% (As of Dec. 2024)


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What is Curable 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. Curable's annualized ROCE % for the quarter that ended in Dec. 2024 was -24.59%.


Curable ROCE % Historical Data

The historical data trend for Curable'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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Curable ROCE % Chart

Curable Annual Data
Trend Dec21 Dec22 Dec23 Dec24
ROCE %
-34.80 -6.21 -42.17 -24.59

Curable Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
ROCE % -34.80 -6.21 -42.17 -24.59

Curable ROCE % Calculation

Curable's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-2928.919/( ( (24905.358 - 9505.853) + (20695.3 - 12269.883) )/ 2 )
=-2928.919/( (15399.505+8425.417)/ 2 )
=-2928.919/11912.461
=-24.59 %

Curable's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=-2928.919/( ( (24905.358 - 9505.853) + (20695.3 - 12269.883) )/ 2 )
=-2928.919/( ( 15399.505 + 8425.417 )/ 2 )
=-2928.919/11912.461
=-24.59 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2024) 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.


Curable  (XKRX:086460) 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.


Curable ROCE % Related Terms

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Curable Business Description

Traded in Other Exchanges
N/A
Address
93, Dongtan-daero 23-gil, 10th Floor, Gyeonggi-do, Hwaseong-si, KOR
Curable Inc provides genome analysis service.

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