SAB Zenzele Kabili Holdings (RF) (JSE:SZK) ROCE % : -23.52% (As of Jun. 2024)

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What is SAB Zenzele Kabili Holdings (RF) 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. SAB Zenzele Kabili Holdings (RF)'s annualized ROCE % for the quarter that ended in Jun. 2024 was -23.52%.

SAB Zenzele Kabili Holdings (RF) ROCE % Historical Data

The historical data trend for SAB Zenzele Kabili Holdings (RF)'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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SAB Zenzele Kabili Holdings (RF) ROCE % Chart

SAB Zenzele Kabili Holdings (RF) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-23.07

7.12

18.34

SAB Zenzele Kabili Holdings (RF) Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial				-17.59	32.39	11.29	25.59	-23.52

SAB Zenzele Kabili Holdings (RF) ROCE % Calculation

SAB Zenzele Kabili Holdings (RF)'s annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	971.718	/	( ( (5236.808 - 285.698)	+	(6138.033 - 489.754) )	/ 2 )
	=	971.718	/	( (4951.11	+	5648.279)	/ 2 )
	=	971.718	/	5299.6945
	=	18.34 %

SAB Zenzele Kabili Holdings (RF)'s ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-1234.368	/	( ( (6138.033 - 489.754)	+	(5444.311 - 598.342) )	/ 2 )
	=	-1234.368	/	( ( 5648.279	+	4845.969 )	/ 2 )
	=	-1234.368	/	5247.124
	=	-23.52 %

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

SAB Zenzele Kabili Holdings (RF) (JSE:SZK) 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.

SAB Zenzele Kabili Holdings (RF) ROCE % Related Terms

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SAB Zenzele Kabili Holdings (RF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SAB Zenzele Kabili Holdings (RF) Ltd (JSE:SZK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Park Lane, Sandton, Sandown, GT, ZAF, 2196

Website

https://www.investecsps.co.za

SAB Zenzele Kabili Holdings (RF) Ltd is a special purpose company.