Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals (XPAE:PHARMACARE) ROCE % : -2.07% (As of Dec. 2021)

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What is Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals 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. Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals's annualized ROCE % for the quarter that ended in Dec. 2021 was -2.07%.

Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals ROCE % Historical Data

The historical data trend for Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals'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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Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals ROCE % Chart

Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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8.88

7.38

-1.90

8.00

7.91

Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21
ROCE %	Get a 7-Day Free Trial															3.64	19.27	5.86	-	-2.07

Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals ROCE % Calculation

Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	3.907	/	( ( (64.657 - 16.997)	+	(72.316 - 21.177) )	/ 2 )
	=	3.907	/	( (47.66	+	51.139)	/ 2 )
	=	3.907	/	49.3995
	=	7.91 %

Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	-1.136	/	( ( (70.208 - 11.833)	+	(72.316 - 21.177) )	/ 2 )
	=	-1.136	/	( ( 58.375	+	51.139 )	/ 2 )
	=	-1.136	/	54.757
	=	-2.07 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals (XPAE:PHARMACARE) 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.

Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals ROCE % Related Terms

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Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals PLC (XPAE:PHARMACARE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 677, Ramallah, PSE

Website

http://www.pharmacare-ltd.net

Dar Al-Shifa'a for the Manufacturing of Pharmaceuticals PLC is engaged in the manufacturing, selling, distribution, export and import of medicines, cosmetics, chemicals and veterinary products.

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