Ggumbi (XKRX:407400) ROCE % : -8.87% (As of Dec. 2023)

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What is Ggumbi 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. Ggumbi's annualized ROCE % for the quarter that ended in Dec. 2023 was -8.87%.

Ggumbi ROCE % Historical Data

The historical data trend for Ggumbi'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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Ggumbi ROCE % Chart

Ggumbi Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

37.81

34.40

12.21

Ggumbi Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial				-18.47	-31.04	-9.84	-1.14	-8.87

Ggumbi ROCE % Calculation

Ggumbi'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 )
	=	1086.534	/	( ( (11537.317 - 3778.406)	+	(15963.573 - 5919.845) )	/ 2 )
	=	1086.534	/	( (7758.911	+	10043.728)	/ 2 )
	=	1086.534	/	8901.3195
	=	12.21 %

Ggumbi'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-3481.4	/	( ( (43883.143 - 6508.337)	+	(49206.485 - 8106.378) )	/ 2 )
	=	-3481.4	/	( ( 37374.806	+	41100.107 )	/ 2 )
	=	-3481.4	/	39237.4565
	=	-8.87 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Ggumbi (XKRX:407400) 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.

Ggumbi ROCE % Related Terms

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Ggumbi (XKRX:407400) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ggumbi Inc (XKRX:407400) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

A-713, Gwanggyo SK View Lake, 25, Beopjo-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR

Website

https://www.ggumbi.com

Ggumbi Inc is a premium baby care brand providing bumper bed, babyroom, playmats, furniture and beddings. It export products to around 19 different countries including the United States, China, Japan, Indonesia, Russia and Hongkong.

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