Cubox Co (XKRX:340810) ROCE % : -37.25% (As of Dec. 2024)

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What is Cubox 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. Cubox Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -37.25%.

Cubox Co ROCE % Historical Data

The historical data trend for Cubox 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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Cubox Co ROCE % Chart

Cubox Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-219.46

-17.54

-99.10

-27.27

-48.60

Cubox Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							39.05	-62.52	-42.59	-49.61	-37.25

Cubox Co ROCE % Calculation

Cubox 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 )
	=	-8316.216	/	( ( (42567.214 - 19752.472)	+	(29164.888 - 17759.03) )	/ 2 )
	=	-8316.216	/	( (22814.742	+	11405.858)	/ 2 )
	=	-8316.216	/	17110.3
	=	-48.60 %

Cubox 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 )
	=	-4798.34	/	( ( (32629.657 - 18269.728)	+	(29164.888 - 17759.03) )	/ 2 )
	=	-4798.34	/	( ( 14359.929	+	11405.858 )	/ 2 )
	=	-4798.34	/	12882.8935
	=	-37.25 %

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

Cubox Co (XKRX:340810) 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.

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Cubox Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cubox Co Ltd (XKRX:340810) » Definitions » ROCE %

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Address

12, Teheran-ro 22-gil, Pyongbang Building, Gangnam-gu, Seoul, KOR

Website

https://www.cubox.ai

Cubox Co Ltd is an AI-specialized company engaged in AI vision recognition algorithm development, AI learning data construction/processing/refining, and AI face recognition-related software and hardware design and development.

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