Turiya Bhd (XKLS:4359) ROCE % : 3.73% (As of Sep. 2023)

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What is Turiya Bhd 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. Turiya Bhd's annualized ROCE % for the quarter that ended in Sep. 2023 was 3.73%.

Turiya Bhd ROCE % Historical Data

The historical data trend for Turiya Bhd'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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Turiya Bhd ROCE % Chart

Turiya Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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1.98

2.53

3.34

3.13

4.60

Turiya Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															3.45	3.60	7.19	3.80	3.73

Turiya Bhd ROCE % Calculation

Turiya Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	7.634	/	( ( (169.797 - 5.866)	+	(173.74 - 5.686) )	/ 2 )
	=	7.634	/	( (163.931	+	168.054)	/ 2 )
	=	7.634	/	165.9925
	=	4.60 %

Turiya Bhd's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	6.316	/	( ( (174.654 - 5.553)	+	(175.648 - 6.277) )	/ 2 )
	=	6.316	/	( ( 169.101	+	169.371 )	/ 2 )
	=	6.316	/	169.236
	=	3.73 %

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

Turiya Bhd (XKLS:4359) 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.

Turiya Bhd ROCE % Related Terms

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Turiya Bhd (XKLS:4359) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Turiya Bhd (XKLS:4359) » Definitions » ROCE %

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Address

Wisma Chase Perdana, 7th Floor, Suite 7.3, Damansara Heights, Changkat Semantan, Kuala Lumpur, SGR, MYS, 50490

Website

https://www.turiya.com.my

Turiya Bhd is a Malaysian-based company engaged in the business of letting properties and investment holding company. The company's operating segment includes Investment holding; Investment property; Semi-conductor. It generates maximum revenue from the Semi-conductor segment. The semi-conductor segment is engaged in the manufacturing of industrial machinery, and chemicals trading. The Investment property segment is engaged in the rental of office lots. Geographically, it derives a majority of revenue from Singapore.

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