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Geninus (XKRX:389030) ROCE % : -32.35% (As of Mar. 2024)


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What is Geninus 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. Geninus's annualized ROCE % for the quarter that ended in Mar. 2024 was -32.35%.


Geninus ROCE % Historical Data

The historical data trend for Geninus'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.

Geninus ROCE % Chart

Geninus Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
-155.20 - -35.44 -19.53 -24.35

Geninus Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.14 -14.58 -27.78 -35.74 -32.35

Geninus ROCE % Calculation

Geninus'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 )
=-9637.154/( ( (45829.771 - 2306.162) + (40526.26 - 4895.225) )/ 2 )
=-9637.154/( (43523.609+35631.035)/ 2 )
=-9637.154/39577.322
=-24.35 %

Geninus's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-11076.216/( ( (40526.26 - 4895.225) + (40889.549 - 8043.595) )/ 2 )
=-11076.216/( ( 35631.035 + 32845.954 )/ 2 )
=-11076.216/34238.4945
=-32.35 %

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

* 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.


Geninus  (XKRX:389030) 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.


Geninus ROCE % Related Terms

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Geninus (XKRX:389030) Business Description

Traded in Other Exchanges
N/A
Address
70, Jeongui-ro, 4th and 5th Floors, Songpa-gu, Munjeong-dong, KD U Tower, Seoul, KOR, 05836
Geninus Inc provides clinical genome analysis solutions for precision medicine clinics.

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