Crowdworks (XKRX:355390) ROCE % : -65.82% (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Crowdworks 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. Crowdworks's annualized ROCE % for the quarter that ended in Jun. 2024 was -65.82%.

Crowdworks ROCE % Historical Data

The historical data trend for Crowdworks'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.

Crowdworks ROCE % Chart

Crowdworks Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-27.13

-77.40

-76.58

Crowdworks Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial					-	-46.43	16.58	-72.75	-65.82

Crowdworks ROCE % Calculation

Crowdworks'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 )
	=	-8943.824	/	( ( (19820.193 - 13010.686)	+	(42860.989 - 26311.539) )	/ 2 )
	=	-8943.824	/	( (6809.507	+	16549.45)	/ 2 )
	=	-8943.824	/	11679.4785
	=	-76.58 %

Crowdworks'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 )
	=	-8226.872	/	( ( (39265.187 - 25689.929)	+	(34435.122 - 23011.564) )	/ 2 )
	=	-8226.872	/	( ( 13575.258	+	11423.558 )	/ 2 )
	=	-8226.872	/	12499.408
	=	-65.82 %

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

Crowdworks (XKRX:355390) 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.

Crowdworks ROCE % Related Terms

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

Crowdworks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Crowdworks Inc (XKRX:355390) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

309 Teheran-ro, 5th Floor Samsung Cheil Building, Gangnam-gu, Seoul, KOR

Website

https://www.crowdworks.kr

Crowdworks Inc is engaged in the development of AI models for better data preprocessing. It provides end-to-end solutions for all processes of artificial intelligence development, from requirements definition to artificial intelligence data generation, algorithm, and service development, including large language model and service validation.

Crowdworks Headlines

No Headlines