Mobidays (XKRX:363260) ROCE % : -3.87% (As of Mar. 2024)

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What is Mobidays 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. Mobidays's annualized ROCE % for the quarter that ended in Mar. 2024 was -3.87%.

Mobidays ROCE % Historical Data

The historical data trend for Mobidays'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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Mobidays ROCE % Chart

Mobidays Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-0.69

-0.18

-22.34

Mobidays Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial										8.08	-5.35	-5.00	-13.13	-3.87

Mobidays ROCE % Calculation

Mobidays's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-6106.199	/	( ( (14586.161 - 20.052)	+	(85313.429 - 45221.227) )	/ 2 )
	=	-6106.199	/	( (14566.109	+	40092.202)	/ 2 )
	=	-6106.199	/	27329.1555
	=	-22.34 %

Mobidays'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 )
	=	-1946.572	/	( ( (112054.064 - 61356.713)	+	(120791.852 - 70892.442) )	/ 2 )
	=	-1946.572	/	( ( 50697.351	+	49899.41 )	/ 2 )
	=	-1946.572	/	50298.3805
	=	-3.87 %

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

Mobidays (XKRX:363260) 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.

Mobidays ROCE % Related Terms

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Mobidays (XKRX:363260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Mobidays Inc (XKRX:363260) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

834-34, Yeoksam-dong, 2nd Flooe, Gangnam-gu, Seoul, KOR

Website

http://www.mobidays.com

Mobidays Inc is a global mobile marketing company, which connects and mediates domestic and international advertisers, advertising agencies, general media rep. with major mobile mediums.

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