Cairo Oils & Soap (CAI:COSG) ROCE % : 38.17% (As of Mar. 2024)

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What is Cairo Oils & Soap 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. Cairo Oils & Soap's annualized ROCE % for the quarter that ended in Mar. 2024 was 38.17%.

Cairo Oils & Soap ROCE % Historical Data

The historical data trend for Cairo Oils & Soap'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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Cairo Oils & Soap ROCE % Chart

Cairo Oils & Soap Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-4.19

-18.79

-22.03

-95.97

Cairo Oils & Soap Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															-	-	121.50	11.54	38.17

Cairo Oils & Soap ROCE % Calculation

Cairo Oils & Soap'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 )
	=	-122.912	/	( ( (158.76 - 124.855)	+	(94.322 - 221.935) )	/ 2 )
	=	-122.912	/	( (33.905	+	-127.613)	/ 2 )
	=	-122.912	/	-46.854
	=	262.33 %

Cairo Oils & Soap'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	163.108	/	( ( (693.955 - 273.794)	+	(825.793 - 391.346) )	/ 2 )
	=	163.108	/	( ( 420.161	+	434.447 )	/ 2 )
	=	163.108	/	427.304
	=	38.17 %

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

Cairo Oils & Soap (CAI:COSG) 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.

Cairo Oils & Soap ROCE % Related Terms

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