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NCsoft (XKRX:036570) ROCE % : -1.60% (As of Dec. 2023)


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What is NCsoft 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. NCsoft's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.60%.


NCsoft ROCE % Historical Data

The historical data trend for NCsoft'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.

NCsoft ROCE % Chart

NCsoft Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.81 25.11 13.47 15.78 5.74

NCsoft Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.63 14.81 4.51 5.32 -1.60

NCsoft ROCE % Calculation

NCsoft'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 )
=220870.079/( ( (4437632.451 - 515348.529) + (4393800.424 - 614287.468) )/ 2 )
=220870.079/( (3922283.922+3779512.956)/ 2 )
=220870.079/3850898.439
=5.74 %

NCsoft's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-59949.944/( ( (4334538.79 - 638304.804) + (4393800.424 - 614287.468) )/ 2 )
=-59949.944/( ( 3696233.986 + 3779512.956 )/ 2 )
=-59949.944/3737873.471
=-1.60 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


NCsoft  (XKRX:036570) 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.


NCsoft ROCE % Related Terms

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NCsoft (XKRX:036570) Business Description

Traded in Other Exchanges
N/A
Address
12, Daewangpangyo-ro 644beon-gil, Bundang-gu, Gyeonggi-do, Seongnam, KOR
NCsoft Corp is a Korea-based online gaming developer and publisher. It's business span across Korea, Taiwan, China, Japan, the United Kingdom, and the United States. The company has produced massively multiplayer online role-playing games such as Lineage, City of Heroes, WildStar, Guild Wars, Aion, Blade and Soul, and Master X Master. The company is also expanding its horizon into the mobile arena.

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