Time Technical Support (XKRX:318660) ROCE % : 0.00% (As of . 20)

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What is Time Technical Support 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. Time Technical Support's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Time Technical Support ROCE % Historical Data

The historical data trend for Time Technical Support'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.
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Time Technical Support ROCE % Chart

Time Technical Support Annual Data

Trend

ROCE %

Time Technical Support Semi-Annual Data

ROCE %

Time Technical Support ROCE % Calculation

Time Technical Support's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Time Technical Support's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Time Technical Support (XKRX:318660) 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.

Time Technical Support ROCE % Related Terms

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Time Technical Support Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Time Technical Support Ltd (XKRX:318660) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No. 813, Mecha-dong, 50, Wanam-ro, Seongsan-gu, Seongsan-dong, SK Technopark, Changwon-si, KOR

Website

http://www.timett.co.kr

Time Technical Support Ltd is an ILS (Integrated Logistics Support) company that adopts the development of ILS elements of weapon systems, technology translation, and virtual training and maintenance systems. Through collaboration with major domestic defense companies, the company has secured a logistical support portfolio across the land, sea, and air forces.

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