Paradise Co (XKRX:034230) ROCE % : 0.50% (As of Dec. 2023)

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What is Paradise 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. Paradise Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.50%.

Paradise Co ROCE % Historical Data

The historical data trend for Paradise 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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Paradise Co ROCE % Chart

Paradise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.43

-4.17

-0.05

3.65

6.16

Paradise Co 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															2.29	4.91	9.41	9.23	0.50

Paradise Co ROCE % Calculation

Paradise Co'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 )
	=	162090.796	/	( ( (3511523.806 - 1174093.556)	+	(3618279.367 - 690669.675) )	/ 2 )
	=	162090.796	/	( (2337430.25	+	2927609.692)	/ 2 )
	=	162090.796	/	2632519.971
	=	6.16 %

Paradise Co'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 )
	=	14859.376	/	( ( (3506328.59 - 545689.387)	+	(3618279.367 - 690669.675) )	/ 2 )
	=	14859.376	/	( ( 2960639.203	+	2927609.692 )	/ 2 )
	=	14859.376	/	2944124.4475
	=	0.50 %

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

Paradise Co (XKRX:034230) 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.

Paradise Co ROCE % Related Terms

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Paradise Co (XKRX:034230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Paradise Co Ltd (XKRX:034230) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

268, Dongho-ro, Jung-gu, Seoul, KOR

Website

http://www.paradisegroup.co.kr

Paradise Co Ltd operates in the tourism industry. It is involved in the businesses of Casino, Hotel, Integrated Resorts, Travel and Leisure and Construction business. Casino business comprises operating casinos located in Walkerhill, Busan, Incheon, Jeju Grand, and Jeju Lotte. Travel and leisure business offers travel products with themes and corporate incentives as well as business services for corporate customers, a spa of hot spring water and caravan camping and refrigerated transportation of wine from wineries. The firm's construction business includes construction and construction management information systems.

Paradise Co (XKRX:034230) Headlines

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