Gaia Co (XKRX:296520) ROCE % : -38.82% (As of Dec. 2023)

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What is Gaia 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. Gaia Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -38.82%.

Gaia Co ROCE % Historical Data

The historical data trend for Gaia 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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Gaia Co ROCE % Chart

Gaia Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-568.51

33.43

-38.82

Gaia Co Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial			-568.51	-	-	33.43	-38.82

Gaia Co ROCE % Calculation

Gaia 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 )
	=	-2465.811	/	( ( (15455.148 - 8798.126)	+	(15031.887 - 8983.585) )	/ 2 )
	=	-2465.811	/	( (6657.022	+	6048.302)	/ 2 )
	=	-2465.811	/	6352.662
	=	-38.82 %

Gaia 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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	-2465.811	/	( ( (15455.148 - 8798.126)	+	(15031.887 - 8983.585) )	/ 2 )
	=	-2465.811	/	( ( 6657.022	+	6048.302 )	/ 2 )
	=	-2465.811	/	6352.662
	=	-38.82 %

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

Gaia Co (XKRX:296520) 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.

Gaia Co ROCE % Related Terms

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Gaia Co (XKRX:296520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gaia Corp Co Ltd (XKRX:296520) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Jeongbalsan-ro, Ilsandong-gu, 9th Floor, T4-901 to 909, Janghang-dong, Western Dome 2, Gyeonggi-do, Goyang-si,, KOR

Website

https://www.gaiabiz.co.kr

Gaia Corp Co Ltd engages in manufacturing and distributing toys and baby products.

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