VC (XKRX:365900) ROCE % : -35.39% (As of Dec. 2023)

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What is VC 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. VC's annualized ROCE % for the quarter that ended in Dec. 2023 was -35.39%.

VC ROCE % Historical Data

The historical data trend for VC'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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VC ROCE % Chart

VC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

19.25

29.25

23.99

3.30

-20.93

VC Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial									-15.30	-15.62	-10.80	-13.28	-35.39

VC ROCE % Calculation

VC'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 )
	=	-12314.71	/	( ( (96043.376 - 39897.579)	+	(86899.367 - 25357.477) )	/ 2 )
	=	-12314.71	/	( (56145.797	+	61541.89)	/ 2 )
	=	-12314.71	/	58843.8435
	=	-20.93 %

VC'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 )
	=	-23091.968	/	( ( (95905.432 - 26947.163)	+	(86899.367 - 25357.477) )	/ 2 )
	=	-23091.968	/	( ( 68958.269	+	61541.89 )	/ 2 )
	=	-23091.968	/	65250.0795
	=	-35.39 %

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

VC (XKRX:365900) 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.

VC ROCE % Related Terms

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VC (XKRX:365900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » VC Inc (XKRX:365900) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

417 Nonhyeon-ro, 4th Floor, Hwawon Building, Yeoksam-dong, Hwawon Building, Gangnam-gu, Seoul, KOR

Website

https://www.voicecaddie.co.kr

VC Inc is engaged in the manufacturing sports and sports related equipments.

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