CU MEDICAL SYSTEMS (XKRX:115480) ROCE % : 0.46% (As of Sep. 2024)

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What is CU MEDICAL SYSTEMS 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. CU MEDICAL SYSTEMS's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.46%.

CU MEDICAL SYSTEMS ROCE % Historical Data

The historical data trend for CU MEDICAL SYSTEMS'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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CU MEDICAL SYSTEMS ROCE % Chart

CU MEDICAL SYSTEMS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.04

-22.82

-26.00

16.27

-10.49

CU MEDICAL SYSTEMS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															6.35	-59.54	10.58	5.96	0.46

CU MEDICAL SYSTEMS ROCE % Calculation

CU MEDICAL SYSTEMS'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 )
	=	-7117.583	/	( ( (88411.909 - 10831.388)	+	(85650.474 - 27504.214) )	/ 2 )
	=	-7117.583	/	( (77580.521	+	58146.26)	/ 2 )
	=	-7117.583	/	67863.3905
	=	-10.49 %

CU MEDICAL SYSTEMS's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	416.096	/	( ( (102093.724 - 11913.359)	+	(101510.151 - 11793.875) )	/ 2 )
	=	416.096	/	( ( 90180.365	+	89716.276 )	/ 2 )
	=	416.096	/	89948.3205
	=	0.46 %

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

CU MEDICAL SYSTEMS (XKRX:115480) 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.

CU MEDICAL SYSTEMS ROCE % Related Terms

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CU MEDICAL SYSTEMS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » CU MEDICAL SYSTEMS Inc (XKRX:115480) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

130-1, Dongwhagongdan-ro, Munmak-eup, Wonju, KOR

Website

http://www.cu911.com

CU MEDICAL SYSTEMS Inc is a South Korea based medical device manufacturing company. It manufactures medical equipment such as a defibrillator. The company exports to the U.S. and Africa. Company's products include Health Guardian CU-EL1S, i-PAD NF1200, NOVASTIM CU-FS1, AED Trainer.

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