Ggumbi (XKRX:407400) ROCE % : -0.50% (As of Sep. 2024)

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What is Ggumbi 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. Ggumbi's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.50%.

Ggumbi ROCE % Historical Data

The historical data trend for Ggumbi'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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Ggumbi ROCE % Chart

Ggumbi Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

37.81

34.40

12.21

-10.68

Ggumbi Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial							-1.14	-8.87	-0.62	-8.89	-0.50

Ggumbi ROCE % Calculation

Ggumbi'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 )
	=	-2731.786	/	( ( (15963.573 - 5919.845)	+	(49206.485 - 8106.378) )	/ 2 )
	=	-2731.786	/	( (10043.728	+	41100.107)	/ 2 )
	=	-2731.786	/	25571.9175
	=	-10.68 %

Ggumbi'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 )
	=	-191.796	/	( ( (72981.578 - 32828.703)	+	(72472.462 - 35853.441) )	/ 2 )
	=	-191.796	/	( ( 40152.875	+	36619.021 )	/ 2 )
	=	-191.796	/	38385.948
	=	-0.50 %

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

Ggumbi (XKRX:407400) 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.

Ggumbi ROCE % Related Terms

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Ggumbi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ggumbi Inc (XKRX:407400) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

A-713, Gwanggyo SK View Lake, 25, Beopjo-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR

Website

https://www.ggumbi.com

Ggumbi Inc is a premium baby care brand providing bumper bed, babyroom, playmats, furniture and beddings. It export products to around 19 different countries including the United States, China, Japan, Indonesia, Russia and Hongkong.

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