Isras Holdings (XTAE:ISHO) ROCE % : 6.87% (As of Mar. 2024)

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What is Isras Holdings 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. Isras Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.87%.

Isras Holdings ROCE % Historical Data

The historical data trend for Isras Holdings'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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Isras Holdings ROCE % Chart

Isras Holdings Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

12.09

8.40

Isras Holdings Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial			8.18	6.73	5.15	5.44	6.87

Isras Holdings ROCE % Calculation

Isras Holdings'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 )
	=	710.71	/	( ( (8898.839 - 645.848)	+	(9241.151 - 567.886) )	/ 2 )
	=	710.71	/	( (8252.991	+	8673.265)	/ 2 )
	=	710.71	/	8463.128
	=	8.40 %

Isras Holdings'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	623.172	/	( ( (9466.574 - 629.304)	+	(9848.602 - 551.593) )	/ 2 )
	=	623.172	/	( ( 8837.27	+	9297.009 )	/ 2 )
	=	623.172	/	9067.1395
	=	6.87 %

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

Isras Holdings (XTAE:ISHO) 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.

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Isras Holdings (XTAE:ISHO) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Isras Holdings Ltd (XTAE:ISHO) » Definitions » ROCE %

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Isras Holdings Ltd is a company that controls yeshers investments which deals in the field of yielding real estate and in the field of of selling residential real estate.

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