Al Khaleej Investment PJSC (ADX:KICO) ROCE % : 0.00% (As of Dec. 2022)

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What is Al Khaleej Investment PJSC 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 Khaleej Investment PJSC's annualized ROCE % for the quarter that ended in Dec. 2022 was 0.00%.

Al Khaleej Investment PJSC ROCE % Historical Data

The historical data trend for Al Khaleej Investment PJSC'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 Khaleej Investment PJSC ROCE % Chart

Al Khaleej Investment PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.89

3.34

3.03

3.83

3.11

Al Khaleej Investment PJSC Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial															2.34	3.88	1.21	-	-

Al Khaleej Investment PJSC ROCE % Calculation

Al Khaleej Investment PJSC'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 )
	=	8.557	/	( ( (296.494 - 21.783)	+	(280.575 - 4.434) )	/ 2 )
	=	8.557	/	( (274.711	+	276.141)	/ 2 )
	=	8.557	/	275.426
	=	3.11 %

Al Khaleej Investment PJSC's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Mar. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Mar. 2022 )		(Q: Dec. 2022 )
	=	0	/	( ( (287.003 - 22.094)	+	(296.494 - 21.783) )	/ 2 )
	=	0	/	( ( 264.909	+	274.711 )	/ 2 )
	=	0	/	269.81
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Al Khaleej Investment PJSC (ADX:KICO) 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 Khaleej Investment PJSC ROCE % Related Terms

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Al Khaleej Investment PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al Khaleej Investment PJSC (ADX:KICO) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

P.O. Box 5662, AI Khaleej Building, Ras Al Khaimah, ARE

Website

https://www.kico.ae

Al Khaleej Investment PJSC is a company whose principal activities are real estate enterprise investment, development, institution and management, detection service for real estate, private fund investment, buildings maintenance, commercial enterprise investment, institution and management. The company operates in two reportable segments Real Estate, and Investments. The majority of the revenue is generated from the real estate segment in the form of rents received.

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