Bioalpha Holdings Bhd (XKLS:0179) ROCE % : -19.59% (As of Mar. 2024)

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What is Bioalpha Holdings 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. Bioalpha Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was -19.59%.

Bioalpha Holdings Bhd ROCE % Historical Data

The historical data trend for Bioalpha Holdings 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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Bioalpha Holdings Bhd ROCE % Chart

Bioalpha Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.30

-22.81

-1.16

-24.96

-27.53

Bioalpha Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-39.20	-8.22	-6.17	-58.21	-19.59

Bioalpha Holdings Bhd ROCE % Calculation

Bioalpha Holdings Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-44.592	/	( ( (200.65 - 18.215)	+	(163.226 - 21.722) )	/ 2 )
	=	-44.592	/	( (182.435	+	141.504)	/ 2 )
	=	-44.592	/	161.9695
	=	-27.53 %

Bioalpha Holdings Bhd'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 )
	=	-28.568	/	( ( (163.226 - 21.722)	+	(181.829 - 31.718) )	/ 2 )
	=	-28.568	/	( ( 141.504	+	150.111 )	/ 2 )
	=	-28.568	/	145.8075
	=	-19.59 %

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

Bioalpha Holdings Bhd (XKLS:0179) 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.

Bioalpha Holdings Bhd ROCE % Related Terms

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Bioalpha Holdings Bhd (XKLS:0179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bioalpha Holdings Bhd (XKLS:0179) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Perindustrian Suntrack, Hub Perindustrian Suntrack, Bandar Baru Bangi, Off Jalan P1A, Seksyen 13, Kajang, SGR, MYS, 43000

Website

https://www.bioa.com.my

Bioalpha Holdings Bhd is a health supplement company principally involved in agricultural, research and developments, manufacturing, and sale of food and health supplement products. Its health supplement product comprises processed herbs, formulated ingredients, functional foods as well as herbal and non-herbal supplements. The business operates in segments that include Trading and Manufacturing, Retails pharmacy, and Others. The organization exports its product to Indonesia and China.

Bioalpha Holdings Bhd (XKLS:0179) Headlines

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