Next Entertainment World Co (XKRX:160550) ROCE % : -28.37% (As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Next Entertainment World Co 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. Next Entertainment World Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -28.37%.

Next Entertainment World Co ROCE % Historical Data

The historical data trend for Next Entertainment World Co'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.

Next Entertainment World Co ROCE % Chart

Next Entertainment World Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-0.54

-16.16

1.27

-4.79

-12.66

Next Entertainment World Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-14.32	-3.64	-17.11	-6.03	-28.37

Next Entertainment World Co ROCE % Calculation

Next Entertainment World Co'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 )
	=	-20235.546	/	( ( (313440.239 - 126143.766)	+	(259877.391 - 127389.677) )	/ 2 )
	=	-20235.546	/	( (187296.473	+	132487.714)	/ 2 )
	=	-20235.546	/	159892.0935
	=	-12.66 %

Next Entertainment World Co'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-39374.96	/	( ( (277078.677 - 131938.31)	+	(259877.391 - 127389.677) )	/ 2 )
	=	-39374.96	/	( ( 145140.367	+	132487.714 )	/ 2 )
	=	-39374.96	/	138814.0405
	=	-28.37 %

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

Next Entertainment World Co (XKRX:160550) 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.

Next Entertainment World Co ROCE % Related Terms

Thank you for viewing the detailed overview of Next Entertainment World Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Next Entertainment World Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Next Entertainment World Co Ltd (XKRX:160550) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8th Floor, Doosan B/D, Eonjuro 726, Gangnam-Gu, Seoul, KOR

Website

http://www.its-new.co.kr

Next Entertainment World Co Ltd is involved in film investment and domestic distribution business. Its business areas include Film, Performance, Ancillary rights distribution, and Music. The firm's key works of film and performance include miracle in cell number 7, the attorney, cold eyes and musical "December and play big talk daddy. It is also involved in the distribution of films and performance in the secondary market through the subsidiary as well as producing, investing and distributing the music of established and new artists and all kinds of music.

Next Entertainment World Co Headlines

No Headlines