National International Holding Co KSCC (DFM:NIH) ROCE % : 5.77% (As of Dec. 2023)

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What is National International Holding Co KSCC 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. National International Holding Co KSCC's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.77%.

National International Holding Co KSCC ROCE % Historical Data

The historical data trend for National International Holding Co KSCC'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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National International Holding Co KSCC ROCE % Chart

National International Holding Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.04

-7.32

3.96

3.62

5.48

National International Holding Co KSCC 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															8.10	4.82	4.17	8.26	5.77

National International Holding Co KSCC ROCE % Calculation

National International Holding Co KSCC'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 )
	=	34.354	/	( ( (648.397 - 36.752)	+	(661.554 - 19.229) )	/ 2 )
	=	34.354	/	( (611.645	+	642.325)	/ 2 )
	=	34.354	/	626.985
	=	5.48 %

National International Holding Co KSCC'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 )
	=	35.404	/	( ( (638.019 - 54.203)	+	(661.554 - 19.229) )	/ 2 )
	=	35.404	/	( ( 583.816	+	642.325 )	/ 2 )
	=	35.404	/	613.0705
	=	5.77 %

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

National International Holding Co KSCC (DFM:NIH) 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.

National International Holding Co KSCC ROCE % Related Terms

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National International Holding Co KSCC (DFM:NIH) Business Description

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Traded in Other Exchanges

NIH:Kuwait

Address

Abdulaziz Al-Saqer Street, Floor 45, Al-Raya Tower 2, PO Box 25825, Safat, Kuwait City, KWT

Website

http://www.nih-kw.com

National International Holding Co KSCC is an investment company that invests in private equity and financial instruments, regionally and globally. The company is engaged in various types of investment activities through a well-diversified investment portfolio spread over several investment sectors basically financial services, real estate, industrial, contracting, information technology, and leisure and tourism. The group has three reportable segments Financial investing activities; Real Estate investing activities and Industrial activities.

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