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Atum Co (XKRX:355690) ROCE % : -64.28% (As of Jun. 2023)


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What is Atum 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. Atum Co's annualized ROCE % for the quarter that ended in Jun. 2023 was -64.28%.


Atum Co ROCE % Historical Data

The historical data trend for Atum 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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Atum Co ROCE % Chart

Atum Co Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
2.96 -82.15 -165.08 -65.72 -64.28

Atum Co Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23
ROCE % 2.96 -82.15 -165.08 -65.72 -64.28

Atum Co ROCE % Calculation

Atum Co'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 )
=-7046.017/( ( (42790.166 - 30989.986) + (38055.185 - 27933.063) )/ 2 )
=-7046.017/( (11800.18+10122.122)/ 2 )
=-7046.017/10961.151
=-64.28 %

Atum Co's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=-7046.017/( ( (42790.166 - 30989.986) + (38055.185 - 27933.063) )/ 2 )
=-7046.017/( ( 11800.18 + 10122.122 )/ 2 )
=-7046.017/10961.151
=-64.28 %

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

* 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.


Atum Co  (XKRX:355690) 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.


Atum Co ROCE % Related Terms

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Atum Co (XKRX:355690) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19-15, Byeolmang-ro, 677 beon-gil, Danwon-gu, Ansan-si, Gyeonggi-do, KOR, 15437
Atum Co Ltd is engaged in manufacturing miniaturized, high-efficiency, high-output transformers and key components based on the core technology of specialized flat transformers and provides comprehensive solutions related thereto.

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