Kaset Thai International Sugar PCL (BKK:KTIS) ROCE % : 16.85% (As of Mar. 2024)

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What is Kaset Thai International Sugar PCL 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. Kaset Thai International Sugar PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.85%.

Kaset Thai International Sugar PCL ROCE % Historical Data

The historical data trend for Kaset Thai International Sugar PCL'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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Kaset Thai International Sugar PCL ROCE % Chart

Kaset Thai International Sugar PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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9.78

7.70

-8.71

-9.66

21.57

Kaset Thai International Sugar PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															56.34	24.46	9.33	-30.34	16.85

Kaset Thai International Sugar PCL ROCE % Calculation

Kaset Thai International Sugar PCL's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	1967.865	/	( ( (15172.297 - 6935.181)	+	(14996.976 - 4987.578) )	/ 2 )
	=	1967.865	/	( (8237.116	+	10009.398)	/ 2 )
	=	1967.865	/	9123.257
	=	21.57 %

Kaset Thai International Sugar PCL'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1535.988	/	( ( (14848.448 - 5658.628)	+	(21976.52 - 12932.075) )	/ 2 )
	=	1535.988	/	( ( 9189.82	+	9044.445 )	/ 2 )
	=	1535.988	/	9117.1325
	=	16.85 %

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

Kaset Thai International Sugar PCL (BKK:KTIS) 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.

Kaset Thai International Sugar PCL ROCE % Related Terms

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Kaset Thai International Sugar PCL (BKK:KTIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kaset Thai International Sugar Corp PCL (BKK:KTIS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/1 Moo 14, Tambon Nongpo, Amphur Taklee, Nakhon Sawan, THA, 60140

Website

https://www.ktisgroup.com

Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's segment includes the production and distribution of the sugar segment; the production and distribution of pulp segment; the production and distribution of alcohol segment and the production and distribution of electricity segment. It derives the majority of its revenues from the production and distribution of the sugar segment.

Kaset Thai International Sugar PCL (BKK:KTIS) Headlines

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