E8ight Co (XKRX:418620) ROCE % : -13.08% (As of Dec. 2024)

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What is E8ight 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. E8ight Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -13.08%.

E8ight Co ROCE % Historical Data

The historical data trend for E8ight 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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E8ight Co ROCE % Chart

E8ight Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

-400.28

-633.27

-1,430.97

-214.68

E8ight Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							-	-407.00	-89.98	-50.68	-13.08

E8ight Co ROCE % Calculation

E8ight Co'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 )
	=	-9568.65	/	( ( (7025.076 - 14112.134)	+	(26025.293 - 10023.743) )	/ 2 )
	=	-9568.65	/	( (-7087.058	+	16001.55)	/ 2 )
	=	-9568.65	/	4457.246
	=	-214.68 %

E8ight Co'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 )
	=	-2207.048	/	( ( (28823.554 - 11067.364)	+	(26025.293 - 10023.743) )	/ 2 )
	=	-2207.048	/	( ( 17756.19	+	16001.55 )	/ 2 )
	=	-2207.048	/	16878.87
	=	-13.08 %

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

E8ight Co (XKRX:418620) 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.

E8ight Co ROCE % Related Terms

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E8ight Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » E8ight Co Ltd (XKRX:418620) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

28th Floor, Lotte World Tower, 300 Olympic-ro, Songpa-gu, Seoul, KOR, 05551

Website

https://www.e8ight.co.kr

E8ight Co Ltd is a company that provides simulation-based digital twin solutions. Digital twin refers to predicting and resolving problems that may occur in reality through simulation using digital twins that replicate objects in the real world in the virtual world.

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