Coreline Soft Co (XKRX:384470) ROCE % : -61.82% (As of Jun. 2024)

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What is Coreline Soft 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. Coreline Soft Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -61.82%.

Coreline Soft Co ROCE % Historical Data

The historical data trend for Coreline Soft 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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Coreline Soft Co ROCE % Chart

Coreline Soft Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-50.99

-72.64

-130.29

-169.76

Coreline Soft Co Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial			-	-145.95	-73.41	-99.83	-61.82

Coreline Soft Co ROCE % Calculation

Coreline Soft 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 )
	=	-13961.397	/	( ( (5599.985 - 2520.363)	+	(15861.941 - 2493.108) )	/ 2 )
	=	-13961.397	/	( (3079.622	+	13368.833)	/ 2 )
	=	-13961.397	/	8224.2275
	=	-169.76 %

Coreline Soft 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 )
	=	-12014.372	/	( ( (13466.719 - 2361.481)	+	(30325.917 - 2560.1) )	/ 2 )
	=	-12014.372	/	( ( 11105.238	+	27765.817 )	/ 2 )
	=	-12014.372	/	19435.5275
	=	-61.82 %

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

Coreline Soft Co (XKRX:384470) 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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Coreline Soft Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Coreline Soft Co Ltd (XKRX:384470) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

49, Worldcupbuk-ro 6-gil, Mapo-gu, 4th and 5th floors, Yeonnam-dong, Seoul, KOR

Website

https://www.corelinesoft.com

Coreline Soft Co Ltd is an Artificial Intelligence-based 3D medical image analysis solution company. Their core technology is XAI (Explainable AI) technology, which assists diagnosis by fully automatically and accurately quantitatively analyzing 3D medical images and providing results and supporting data to medical staff. The company's main product is a solution used to assist medical staff in diagnosis or support treatment and research by analyzing CT (Computerized Tomography) images of the chest, head and neck, etc.

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