KLab (TSE:3656) ROCE % : -18.61% (As of Mar. 2024)

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What is KLab 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. KLab's annualized ROCE % for the quarter that ended in Mar. 2024 was -18.61%.

KLab ROCE % Historical Data

The historical data trend for KLab'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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KLab ROCE % Chart

KLab Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.12

5.39

-17.13

-2.88

-11.38

KLab Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-7.95	0.43	-3.75	-33.46	-18.61

KLab ROCE % Calculation

KLab'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 )
	=	-1622.826	/	( ( (20859.788 - 6030.655)	+	(17754.928 - 4075) )	/ 2 )
	=	-1622.826	/	( (14829.133	+	13679.928)	/ 2 )
	=	-1622.826	/	14254.5305
	=	-11.38 %

KLab's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-2394.756	/	( ( (17754.928 - 4075)	+	(16818.353 - 4767.15) )	/ 2 )
	=	-2394.756	/	( ( 13679.928	+	12051.203 )	/ 2 )
	=	-2394.756	/	12865.5655
	=	-18.61 %

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

KLab (TSE:3656) 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.

KLab ROCE % Related Terms

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KLab (TSE:3656) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » KLab Inc (TSE:3656) » Definitions » ROCE %

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N/A

Address

Roppongi Hills Mori Tower, 6-10-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6122

Website

http://www.klab.jp

KLab Inc is the Japan-based software company. The principal activities of the company are planning, developing, and operating online mobile games. The company's business is broadly divided into two areas - game business and other business. The game business is focused on designing and developing online mobile games. The other business is involved in designing, developing, and providing smartphone-related applications, services, and server infrastructures. The company has an operational presence across China, Singapore, Japan and the United States.

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