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Dreaminsight Co (XKRX:362990) ROCE % : 20.57% (As of Dec. 2023)


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What is Dreaminsight 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. Dreaminsight Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 20.57%.


Dreaminsight Co ROCE % Historical Data

The historical data trend for Dreaminsight 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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Dreaminsight Co ROCE % Chart

Dreaminsight Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
42.31 15.69 27.00 20.56 19.46

Dreaminsight Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
ROCE % - 25.59 18.24 20.57

Dreaminsight Co ROCE % Calculation

Dreaminsight 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 )
=4535.576/( ( (29265.606 - 8045.255) + (35255.974 - 9862.285) )/ 2 )
=4535.576/( (21220.351+25393.689)/ 2 )
=4535.576/23307.02
=19.46 %

Dreaminsight 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: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=5009.744/( ( (32379.997 - 9070.359) + (35255.974 - 9862.285) )/ 2 )
=5009.744/( ( 23309.638 + 25393.689 )/ 2 )
=5009.744/24351.6635
=20.57 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 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.


Dreaminsight Co  (XKRX:362990) 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.


Dreaminsight Co ROCE % Related Terms

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Dreaminsight Co (XKRX:362990) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rooms 1401 to 1412, 14th floor, Woorim Image Center 2, Guro-gu, Seoul, KOR
Dreaminsight Co Ltd is a digital and tech marketing group.

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