Gulfa General Investments Co (DFM:GULFA-INVEST) ROCE % : 43.42% (As of Sep. 2021)

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What is Gulfa General Investments Co 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. Gulfa General Investments Co's annualized ROCE % for the quarter that ended in Sep. 2021 was 43.42%.

Gulfa General Investments Co ROCE % Historical Data

The historical data trend for Gulfa General Investments Co'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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Gulfa General Investments Co ROCE % Chart

Gulfa General Investments Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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76.28

50.54

-24.03

-3.43

Gulfa General Investments Co Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
ROCE %	Get a 7-Day Free Trial															-10.48	-3.56	50.82	61.53	43.42

Gulfa General Investments Co ROCE % Calculation

Gulfa General Investments Co's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-1.227	/	( ( (41.185 - 7.441)	+	(42.218 - 4.505) )	/ 2 )
	=	-1.227	/	( (33.744	+	37.713)	/ 2 )
	=	-1.227	/	35.7285
	=	-3.43 %

Gulfa General Investments Co's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	22.904	/	( ( (55.067 - 5.168)	+	(60.848 - 5.253) )	/ 2 )
	=	22.904	/	( ( 49.899	+	55.595 )	/ 2 )
	=	22.904	/	52.747
	=	43.42 %

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

Gulfa General Investments Co (DFM:GULFA-INVEST) 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.

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Gulfa General Investments Co (DFM:GULFA-INVEST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Gulfa General Investments Co (DFM:GULFA-INVEST) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gulfa Street, P.O. Box 929, Ajman, ARE

Website

http://gulfa.investments

Gulfa General Investments Co is engaged in investing in commercial and industrial projects, educations services, and other industries.

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