XOX Networks Bhd (XKLS:0140) ROCE % : -9.92% (As of Dec. 2023)

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What is XOX Networks Bhd 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. XOX Networks Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -9.92%.

XOX Networks Bhd ROCE % Historical Data

The historical data trend for XOX Networks Bhd'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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XOX Networks Bhd ROCE % Chart

XOX Networks Bhd Annual Data

Trend

Nov11

Nov12

Nov13

Mar16

Mar17

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-2.75

-20.57

-14.96

-8.31

-21.57

XOX Networks Bhd 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															-31.71	-25.78	-40.80	-1.40	-9.92

XOX Networks Bhd ROCE % Calculation

XOX Networks Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-12.149	/	( ( (71.937 - 9.783)	+	(54.416 - 3.912) )	/ 2 )
	=	-12.149	/	( (62.154	+	50.504)	/ 2 )
	=	-12.149	/	56.329
	=	-21.57 %

XOX Networks Bhd'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 )
	=	-4.928	/	( ( (62.684 - 12.322)	+	(62.449 - 13.446) )	/ 2 )
	=	-4.928	/	( ( 50.362	+	49.003 )	/ 2 )
	=	-4.928	/	49.6825
	=	-9.92 %

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

XOX Networks Bhd (XKLS:0140) 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.

XOX Networks Bhd ROCE % Related Terms

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XOX Networks Bhd (XKLS:0140) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » XOX Networks Bhd (XKLS:0140) » Definitions » ROCE %

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Address

7th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.macpie.asia

XOX Networks Bhd is an investment holding company. The business activities of the group are carried out through various segments namely Information, communication and technology (ICT), Event Management and Financial Solutions. The company derives a majority of revenue from the Event Management segment. The Event Management segment involves Event and artist management; Digital and media management, Selling of tickets and stage and event contractions. Geographically, it derives a majority of its revenue from Malaysia.

XOX Networks Bhd (XKLS:0140) Headlines

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