Obzen (XKRX:417860) ROCE % : 9.58% (As of Dec. 2024)

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What is Obzen 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. Obzen's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.58%.

Obzen ROCE % Historical Data

The historical data trend for Obzen'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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Obzen ROCE % Chart

Obzen Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

-28.98

-40.35

-29.18

-51.49

-19.26

Obzen Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial									-11.14	-55.68	-54.40	-4.78	9.58

Obzen ROCE % Calculation

Obzen'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 )
	=	-3037.647	/	( ( (19039.116 - 4264.582)	+	(29481.813 - 12718.109) )	/ 2 )
	=	-3037.647	/	( (14774.534	+	16763.704)	/ 2 )
	=	-3037.647	/	15769.119
	=	-19.26 %

Obzen'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 )
	=	1595.012	/	( ( (20477.893 - 3932.091)	+	(29481.813 - 12718.109) )	/ 2 )
	=	1595.012	/	( ( 16545.802	+	16763.704 )	/ 2 )
	=	1595.012	/	16654.753
	=	9.58 %

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

Obzen (XKRX:417860) 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.

Obzen ROCE % Related Terms

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Obzen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Obzen Inc (XKRX:417860) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

14th, 12th floor, Yeouido-daero, Yeouido-dong, KT Yeouido Tower, Yeongdeungpo-gu, Seoul, KOR

Website

https://www.obzen.com

Obzen Inc is a software company that realizes data-based, customer-oriented business. It provides data, analysis, and marketing solutions and system construction services in various industries such as finance, distribution, telecommunications, and others.

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