Insimbi Industrial Holdings (JSE:ISB) ROCE % : 3.97% (As of Aug. 2024)

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What is Insimbi Industrial Holdings 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. Insimbi Industrial Holdings's annualized ROCE % for the quarter that ended in Aug. 2024 was 3.97%.

Insimbi Industrial Holdings ROCE % Historical Data

The historical data trend for Insimbi Industrial Holdings'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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Insimbi Industrial Holdings ROCE % Chart

Insimbi Industrial Holdings Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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11.80

13.52

24.49

22.62

14.35

Insimbi Industrial Holdings Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
ROCE %	Get a 7-Day Free Trial															26.22	18.97	22.73	5.03	3.97

Insimbi Industrial Holdings ROCE % Calculation

Insimbi Industrial Holdings's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	131.473	/	( ( (1592.862 - 650.199)	+	(1603.717 - 713.505) )	/ 2 )
	=	131.473	/	( (942.663	+	890.212)	/ 2 )
	=	131.473	/	916.4375
	=	14.35 %

Insimbi Industrial Holdings's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: Feb. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: Feb. 2024 )		(Q: Aug. 2024 )
	=	34.752	/	( ( (1603.717 - 713.505)	+	(1557.485 - 698.564) )	/ 2 )
	=	34.752	/	( ( 890.212	+	858.921 )	/ 2 )
	=	34.752	/	874.5665
	=	3.97 %

(1) Note: The EBIT data used here is two times the semi-annual (Aug. 2024) EBIT data.

Insimbi Industrial Holdings (JSE:ISB) 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.

Insimbi Industrial Holdings ROCE % Related Terms

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Insimbi Industrial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Insimbi Industrial Holdings Ltd (JSE:ISB) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

359 Crocker Road, Wadeville, Extension 4, Germiston, Johannesburg, GT, ZAF, 1407

Website

https://www.insimbi-group.co.za

Insimbi Industrial Holdings Ltd is a South Africa based company engaged in providing commodities like ferrous and non-ferrous alloys to the steel, aluminum, cement and foundry industries. In addition, it also operates in refractory materials and plastics division. The company's business segments are Non-ferrous, Ferrous, Refractory and Plastics. The group generates the majority of the revenue from the Non-ferrous segment. Non-ferrous segment consists of the divisions which service the foundry and non-ferrous industry, both automotive and heavy, aluminum industry and the powder coating industry. The company exports internationally and derives its key revenue from South Africa.

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