Ralco Bhd (XKLS:7498) ROCE % : -3.42% (As of Dec. 2023)

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What is Ralco 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. Ralco Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.42%.

Ralco Bhd ROCE % Historical Data

The historical data trend for Ralco 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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Ralco Bhd ROCE % Chart

Ralco Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-5.96

2.40

3.43

-0.05

-2.70

Ralco Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-4.45	-0.76	-8.45	0.07	-3.42

Ralco Bhd ROCE % Calculation

Ralco 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 )
	=	-1.8	/	( ( (78.732 - 15.048)	+	(82.168 - 12.499) )	/ 2 )
	=	-1.8	/	( (63.684	+	69.669)	/ 2 )
	=	-1.8	/	66.6765
	=	-2.70 %

Ralco Bhd'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 )
	=	-2.22	/	( ( (76.248 - 16.094)	+	(82.168 - 12.499) )	/ 2 )
	=	-2.22	/	( ( 60.154	+	69.669 )	/ 2 )
	=	-2.22	/	64.9115
	=	-3.42 %

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

Ralco Bhd (XKLS:7498) 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.

Ralco Bhd ROCE % Related Terms

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Ralco Bhd (XKLS:7498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ralco Corp Bhd (XKLS:7498) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 1476, Jalan Lengkok Emas 1, Nilai Industrial Estate, Nilai, NSN, MYS, 71800

Website

https://www.ralco.net

Ralco Corp Bhd. is engaged in the manufacturing and trading of plastic products. Its product line is comprised of Jerrican (Blow molding) and Pail (Injection molding) in various sizes. Jerrican is widely used for the packing of the liquid form of chemical products as well as for edible oils while pails are utilized for packing paints for both household and industrial use. The company has two reportable segments: Plastic products and others. Plastic products include the manufacturing and sale of plastic products. Others include trading of furniture, oil packing, buying and selling of palm oil products, manufacturing or dealing in packaging materials, and all related products. It generates its revenues from the Plastic Products segment. Its firm is based in Malaysia.

Ralco Bhd (XKLS:7498) Headlines

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