ALT Co (XKRX:172670) ROCE % : -4.66% (As of Jun. 2024)

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What is ALT 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. ALT Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -4.66%.

ALT Co ROCE % Historical Data

The historical data trend for ALT 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.

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ALT Co ROCE % Chart

ALT Co Annual Data

Trend

Dec22

Dec23

ROCE %

10.74

2.46

ALT Co Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial				-0.77	-7.26	3.60	-7.28	-4.66

ALT Co ROCE % Calculation

ALT Co'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 )
	=	3530.885	/	( ( (183879.935 - 62708.027)	+	(198032.983 - 31717.947) )	/ 2 )
	=	3530.885	/	( (121171.908	+	166315.036)	/ 2 )
	=	3530.885	/	143743.472
	=	2.46 %

ALT Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-7828.796	/	( ( (193283.998 - 32121.598)	+	(211714.665 - 37068.645) )	/ 2 )
	=	-7828.796	/	( ( 161162.4	+	174646.02 )	/ 2 )
	=	-7828.796	/	167904.21
	=	-4.66 %

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

ALT Co (XKRX:172670) 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.

ALT Co ROCE % Related Terms

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ALT Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ALT Co Ltd (XKRX:172670) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

82-19 Sciencesaneop 1-ro, Oksan-myeon, Heungdeok-gu, Chungcheongbuk-do, Cheongju-si, KOR

Website

http://www.alt-s.kr

ALT Co Ltd offers testing in the post-process of the non-memory semiconductor value chain. Its main business is testing high-level products such as Display Drive IC, CMOS image sensors, and Power Management IC among non-memory semiconductor products.

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