WebCash (XKRX:053580) ROCE % : 6.14% (As of Mar. 2024)

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What is WebCash 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. WebCash's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.14%.

WebCash ROCE % Historical Data

The historical data trend for WebCash'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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WebCash ROCE % Chart

WebCash Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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25.16

35.31

21.29

13.37

7.02

WebCash 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															13.57	13.52	5.47	-4.96	6.14

WebCash ROCE % Calculation

WebCash'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 )
	=	7714.289	/	( ( (128913.009 - 18834.951)	+	(121746.431 - 12008.72) )	/ 2 )
	=	7714.289	/	( (110078.058	+	109737.711)	/ 2 )
	=	7714.289	/	109907.8845
	=	7.02 %

WebCash'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 )
	=	6561.368	/	( ( (121746.431 - 12008.72)	+	(114141.354 - 10136.129) )	/ 2 )
	=	6561.368	/	( ( 109737.711	+	104005.225 )	/ 2 )
	=	6561.368	/	106871.468
	=	6.14 %

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

WebCash (XKRX:053580) 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.

WebCash ROCE % Related Terms

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WebCash (XKRX:053580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WebCash Corp (XKRX:053580) » Definitions » ROCE %

Comparable Companies

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N/A

Address

20 Younghinro Road, 220 KN Digital Tower, Yeongdeungpo-gu, Seoul, KOR, 02284

Website

http://www.webcash.co.kr

WebCash Corp is a South Korea based company involved in providing business software solutions. Its Webpage B2B pin tech platform is a corporate finance contact platform connecting ERP to all financial institutions and corporations. The company also provides Small Business Accounting Professional Software named Accounting Country.

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