Maxst Co (XKRX:377030) ROCE % : -82.43% (As of Mar. 2024)

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What is Maxst 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. Maxst Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -82.43%.

Maxst Co ROCE % Historical Data

The historical data trend for Maxst 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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Maxst Co ROCE % Chart

Maxst Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

-140.65

-140.40

-37.97

-52.10

Maxst Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial												-37.03	-7.81	-45.70	-48.07	-82.43

Maxst Co ROCE % Calculation

Maxst Co'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 )
	=	-14713.477	/	( ( (18559.547 - 1798.555)	+	(66914.355 - 27190.436) )	/ 2 )
	=	-14713.477	/	( (16760.992	+	39723.919)	/ 2 )
	=	-14713.477	/	28242.4555
	=	-52.10 %

Maxst Co'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 )
	=	-21759.628	/	( ( (51636.2 - 24056.323)	+	(55882.921 - 30666.133) )	/ 2 )
	=	-21759.628	/	( ( 27579.877	+	25216.788 )	/ 2 )
	=	-21759.628	/	26398.3325
	=	-82.43 %

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

Maxst Co (XKRX:377030) 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.

Maxst Co ROCE % Related Terms

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Maxst Co (XKRX:377030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maxst Co Ltd (XKRX:377030) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Nambusunhwan-ro 351-Gil, 3rd Floor STAY77 Building, Gangnam-gu, Seoul, KOR

Website

https://www.maxst.com

Maxst Co Ltd is an AR technology company. It focuses on research and development in augmented reality. AR technology will help people with immediate and visual tools in improving decision-making capabilities.

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