Drago Entertainment (WAR:DGE) ROCE % : 13.30% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Drago Entertainment 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. Drago Entertainment's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.30%.

Drago Entertainment ROCE % Historical Data

The historical data trend for Drago Entertainment'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.

Drago Entertainment ROCE % Chart

Drago Entertainment Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

16.12

-22.00

86.32

20.81

17.37

Drago Entertainment Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial											22.83	20.16	10.07	25.71	13.30

Drago Entertainment ROCE % Calculation

Drago Entertainment'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 )
	=	1.784	/	( ( (12.193 - 2.628)	+	(13.025 - 2.043) )	/ 2 )
	=	1.784	/	( (9.565	+	10.982)	/ 2 )
	=	1.784	/	10.2735
	=	17.37 %

Drago Entertainment'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 )
	=	1.452	/	( ( (12.758 - 1.911)	+	(13.025 - 2.043) )	/ 2 )
	=	1.452	/	( ( 10.847	+	10.982 )	/ 2 )
	=	1.452	/	10.9145
	=	13.30 %

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

Drago Entertainment (WAR:DGE) 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.

Drago Entertainment ROCE % Related Terms

Thank you for viewing the detailed overview of Drago Entertainment's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Drago Entertainment (WAR:DGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Drago Entertainment SA (WAR:DGE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

65M:Germany

Address

ul. Alba?ska 3, Krakow, POL, 30-662

Website

http://www.drago-entertainment.com

Drago Entertainment SA is a gaming company. The company has delivered great, innovative games such as Oil Tycoon 2, Cold Zero - The last Stand, Hell-Copter/Vulture. It is focused on creating and developing its own projects.

Drago Entertainment (WAR:DGE) Headlines

No Headlines