A-Rank Bhd (XKLS:7214) ROCE % : 9.05% (As of Jan. 2024)

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What is A-Rank 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. A-Rank Bhd's annualized ROCE % for the quarter that ended in Jan. 2024 was 9.05%.

A-Rank Bhd ROCE % Historical Data

The historical data trend for A-Rank 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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A-Rank Bhd ROCE % Chart

A-Rank Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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12.24

7.69

8.51

12.03

9.46

A-Rank Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															8.37	7.84	11.84	9.74	9.05

A-Rank Bhd ROCE % Calculation

A-Rank Bhd's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	20.631	/	( ( (323.317 - 105.849)	+	(350.197 - 131.563) )	/ 2 )
	=	20.631	/	( (217.468	+	218.634)	/ 2 )
	=	20.631	/	218.051
	=	9.46 %

A-Rank Bhd's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	19.592	/	( ( (332.322 - 113.209)	+	(326.951 - 112.929) )	/ 2 )
	=	19.592	/	( ( 219.113	+	214.022 )	/ 2 )
	=	19.592	/	216.5675
	=	9.05 %

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

A-Rank Bhd (XKLS:7214) 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.

A-Rank Bhd ROCE % Related Terms

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A-Rank Bhd (XKLS:7214) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » A-Rank Bhd (XKLS:7214) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Lot 2-33, Jalan Perindustrian Mahkota 7, Taman Perindustrian Mahkota, Beranang, SGR, MYS, 43700

Website

http://www.arank.com.my

A-Rank Bhd is an investment holding company that has categorized its business operations into two segments namely the Aluminium Segment which represents the Group's core business which includes manufacturing and marketing of aluminium billets and operates solely from its production facilities in Beranang, Selangor. and Property Segment which includes property development. The firm mainly operates in two geographical segments: Malaysia and South East Asia other than Malaysia. The company also exports its products to Africa, Europe, South Asia, and South East Asia. The majority of the company's revenue is derived from Malaysia.

A-Rank Bhd (XKLS:7214) Headlines

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