Doosan Fuel Cell (XKRX:336260) ROCE % : 0.55% (As of Sep. 2024)

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What is Doosan Fuel Cell 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. Doosan Fuel Cell's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.55%.

Doosan Fuel Cell ROCE % Historical Data

The historical data trend for Doosan Fuel Cell'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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Doosan Fuel Cell ROCE % Chart

Doosan Fuel Cell Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

6.40

5.83

4.13

1.38

0.68

Doosan Fuel Cell Quarterly Data
	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														1.12	-2.43	2.09	2.26	0.55

Doosan Fuel Cell ROCE % Calculation

Doosan Fuel Cell'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 )
	=	5084.866	/	( ( (1026929.716 - 312667.18)	+	(1070842.523 - 287371.274) )	/ 2 )
	=	5084.866	/	( (714262.536	+	783471.249)	/ 2 )
	=	5084.866	/	748866.8925
	=	0.68 %

Doosan Fuel Cell'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 )
	=	4464.728	/	( ( (1131983.242 - 346763.326)	+	(1259924.052 - 412402.615) )	/ 2 )
	=	4464.728	/	( ( 785219.916	+	847521.437 )	/ 2 )
	=	4464.728	/	816370.6765
	=	0.55 %

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

Doosan Fuel Cell (XKRX:336260) 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.

Doosan Fuel Cell ROCE % Related Terms

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Doosan Fuel Cell Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Doosan Fuel Cell (XKRX:336260) » Definitions » ROCE %

Traded in Other Exchanges

33626K:Korea 33626L.PFD:Korea

Address

275 Jangchungdan-ro, 17th Floor, Doosan Tower, Jung-gu, Seoul, KOR

Website

http://www.doosanfuelcell.com

Doosan Fuel Cell is a South Korea based company engaged in manufacturing of electric motors and generators.

Doosan Fuel Cell Headlines

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