Innospace Co (XKRX:462350) ROCE % : -112.11% (As of Dec. 2024)

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What is Innospace 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. Innospace Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -112.11%.

Innospace Co ROCE % Historical Data

The historical data trend for Innospace 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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Innospace Co ROCE % Chart

Innospace Co Annual Data

Trend

Dec22

Dec23

Dec24

ROCE %

-95.31

Innospace Co Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial						-	-92.20	-57.01	-43.79	-112.11

Innospace Co ROCE % Calculation

Innospace 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 )
	=	-33109.503	/	( ( (24041.388 - 2333.201)	+	(55913.913 - 8145.497) )	/ 2 )
	=	-33109.503	/	( (21708.187	+	47768.416)	/ 2 )
	=	-33109.503	/	34738.3015
	=	-95.31 %

Innospace 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 )
	=	-61395.124	/	( ( (67721.292 - 5962.065)	+	(55913.913 - 8145.497) )	/ 2 )
	=	-61395.124	/	( ( 61759.227	+	47768.416 )	/ 2 )
	=	-61395.124	/	54763.8215
	=	-112.11 %

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

Innospace Co (XKRX:462350) 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.

Innospace Co ROCE % Related Terms

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Innospace Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Innospace Co Ltd (XKRX:462350) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-412, Sejong Business Center, 232, Gareum-ro, Sejong-si, KOR, 30121

Website

https://www.innospc.com

Innospace Co Ltd is as aerospace, defense manufacturing, and engineering service-providing company. The company is developing hybrid rocket-powered smallsat launchers to provide LOW-COST, LOW-LATENCY, eco-friendly, and reliable launch services in the smallsat market.

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