Al-Aqariya Trading Investment (XPAE:AQARIYA) ROCE % : 8.97% (As of Sep. 2023)

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What is Al-Aqariya Trading Investment 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. Al-Aqariya Trading Investment's annualized ROCE % for the quarter that ended in Sep. 2023 was 8.97%.

Al-Aqariya Trading Investment ROCE % Historical Data

The historical data trend for Al-Aqariya Trading Investment'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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Al-Aqariya Trading Investment ROCE % Chart

Al-Aqariya Trading Investment Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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0.94

4.25

-2.51

9.15

9.51

Al-Aqariya Trading Investment Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															31.72	0.19	11.05	8.36	8.97

Al-Aqariya Trading Investment ROCE % Calculation

Al-Aqariya Trading Investment'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 )
	=	1.182	/	( ( (15.977 - 3.795)	+	(18.022 - 5.352) )	/ 2 )
	=	1.182	/	( (12.182	+	12.67)	/ 2 )
	=	1.182	/	12.426
	=	9.51 %

Al-Aqariya Trading Investment's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	1.288	/	( ( (20.295 - 5.594)	+	(19.819 - 5.796) )	/ 2 )
	=	1.288	/	( ( 14.701	+	14.023 )	/ 2 )
	=	1.288	/	14.362
	=	8.97 %

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

Al-Aqariya Trading Investment (XPAE:AQARIYA) 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.

Al-Aqariya Trading Investment ROCE % Related Terms

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Al-Aqariya Trading Investment (XPAE:AQARIYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al-Aqariya Trading Investment (XPAE:AQARIYA) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jaffa Steet Building No 17, Second floor, PO Box 662, Ramallah, PSE

Website

http://www.aqariya.ps

Al-Aqariya Trading Investment is a real estate development and investment company, real estate activities in owned or leased properties and real estate activities on the basis of a contract or in exchange for a fee and the construction of complete facilities or parts thereof, civil engineering activities, installation of buildings and other activities.

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