Heliopolis Housing & Development (CAI:HELI) ROCE % : 644.89% (As of Dec. 2023)

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What is Heliopolis Housing & Development 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. Heliopolis Housing & Development's annualized ROCE % for the quarter that ended in Dec. 2023 was 644.89%.

Heliopolis Housing & Development ROCE % Historical Data

The historical data trend for Heliopolis Housing & Development'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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Heliopolis Housing & Development ROCE % Chart

Heliopolis Housing & Development Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

ROCE %

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78.52

64.65

43.77

23.62

36.40

Heliopolis Housing & Development Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-	10.03	11.76	12.72	644.89

Heliopolis Housing & Development ROCE % Calculation

Heliopolis Housing & Development'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: Jun. 2020 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Jun. 2020 )		(A: Dec. 2022 )
	=	1041.084	/	( ( (5124.879 - 2199.887)	+	(4853.97 - 2058.473) )	/ 2 )
	=	1041.084	/	( (2924.992	+	2795.497)	/ 2 )
	=	1041.084	/	2860.2445
	=	36.40 %

Heliopolis Housing & Development's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	42484.06	/	( ( (4537.455 - 1956.951)	+	(15814.549 - 5219.505) )	/ 2 )
	=	42484.06	/	( ( 2580.504	+	10595.044 )	/ 2 )
	=	42484.06	/	6587.774
	=	644.89 %

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

Heliopolis Housing & Development (CAI:HELI) 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.

Heliopolis Housing & Development ROCE % Related Terms

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Heliopolis Housing & Development (CAI:HELI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Heliopolis Housing & Development SA (CAI:HELI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

28 Ibrahim El Liqani Street, Helipolis, Cairo, EGY

Website

http://www.hhd.com.eg

Heliopolis Housing & Development SA develops real estate. The Company owns residential units, villas, schools, shops, garages, health clubs, and tourist facilities.

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