Mu Global Holding (Mu Global Holding) ROCE % : 0.00% (As of Jan. 2024)

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What is Mu Global Holding 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. Mu Global Holding's annualized ROCE % for the quarter that ended in Jan. 2024 was 0.00%.

Mu Global Holding ROCE % Historical Data

The historical data trend for Mu Global Holding'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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Mu Global Holding ROCE % Chart

Mu Global Holding Annual Data

Trend

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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-108.88

-111.94

-200.00

Mu Global Holding Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Mu Global Holding ROCE % Calculation

Mu Global Holding's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-0.142	/	( ( (0.082 - 0.415)	+	(0.024 - 0.4) )	/ 2 )
	=	-0.142	/	( (-0.333	+	-0.376)	/ 2 )
	=	-0.142	/	-0.3545
	=	40.06 %

Mu Global Holding's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-0.084	/	( ( (0.015 - 0.403)	+	(0.01 - 0.411) )	/ 2 )
	=	-0.084	/	( ( -0.388	+	-0.401 )	/ 2 )
	=	-0.084	/	-0.3945
	=	0 %

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

Mu Global Holding (OTCPK:MUGH) 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.

Mu Global Holding ROCE % Related Terms

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Mu Global Holding (Mu Global Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Mu Global Holding Ltd (OTCPK:MUGH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 296, Xinyi Road, 7th Floor, Room No. 5, Section 4, Datong District, Taipei, TWN, 106427

Website

Mu Global Holding Ltd is a beauty and wellness company, providing SPA and wellness service and also Spa related products to the customers. The services provided are designed to improve the overall health system and body function. It operates in the Chinese market with three business models namely Tripartite co-operation and profit-sharing model (deployment of stone spa bed & franchise); Large-scale chain agent model (deployment of stone spa bed); and Direct- service store model. Its products portfolio includes NVB Scent Diffuser and Mini Water Purifier. Its services include Bedrock Bathing/ Hot Stone Bath and Quartz Therapy. The company has geographical segments in Nevada, Seychelles, HongKong and China, where majority of its revenue is eraned from HongKong.

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