Inswave Systems Co (XKRX:450520) ROCE % : -14.27% (As of Mar. 2024)

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What is Inswave Systems 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. Inswave Systems Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -14.27%.

Inswave Systems Co ROCE % Historical Data

The historical data trend for Inswave Systems 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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Inswave Systems Co ROCE % Chart

Inswave Systems Co Annual Data

Trend

Dec21

Dec22

ROCE %

37.68

39.81

Inswave Systems Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial				5.83	0.93	5.30	42.00	-14.27

Inswave Systems Co ROCE % Calculation

Inswave Systems 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 )
	=	6903.9	/	( ( (29530.217 - 15817.139)	+	(32245.442 - 11270.713) )	/ 2 )
	=	6903.9	/	( (13713.078	+	20974.729)	/ 2 )
	=	6903.9	/	17343.9035
	=	39.81 %

Inswave Systems 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 )
	=	-6645.164	/	( ( (57017.81 - 9682.456)	+	(54902.505 - 9081.885) )	/ 2 )
	=	-6645.164	/	( ( 47335.354	+	45820.62 )	/ 2 )
	=	-6645.164	/	46577.987
	=	-14.27 %

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

Inswave Systems Co (XKRX:450520) 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.

Inswave Systems Co ROCE % Related Terms

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Inswave Systems Co (XKRX:450520) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

12th floor, Building C, Queens Park Nine, 247 Gonghang-daero, Gangseo-gu, Seoul, KOR

Website

https://www.inswave.com

Inswave Systems Co Ltd is an enterprise software company that leads the enterprise application development and web standard UI/UX markets. It researches, develops and applies W-Matrix, WebTop, Proworks5, and other related enterprise software products.

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