Aviation Lease & Finance Co KSCC (KUW:ALAFCO) ROCE % : 3.95% (As of Dec. 2024)

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What is Aviation Lease & Finance Co KSCC 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. Aviation Lease & Finance Co KSCC's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.95%.

Aviation Lease & Finance Co KSCC ROCE % Historical Data

The historical data trend for Aviation Lease & Finance Co KSCC'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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Aviation Lease & Finance Co KSCC ROCE % Chart

Aviation Lease & Finance Co KSCC Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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2.44

0.93

-2.06

5.37

10.88

Aviation Lease & Finance Co KSCC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															2.08	3.34	23.29	18.73	3.95

Aviation Lease & Finance Co KSCC ROCE % Calculation

Aviation Lease & Finance Co KSCC's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	38.591	/	( ( (885.855 - 237.293)	+	(241.552 - 180.757) )	/ 2 )
	=	38.591	/	( (648.562	+	60.795)	/ 2 )
	=	38.591	/	354.6785
	=	10.88 %

Aviation Lease & Finance Co KSCC's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2.472	/	( ( (241.552 - 180.757)	+	(64.397 - 0) )	/ 2 )
	=	2.472	/	( ( 60.795	+	64.397 )	/ 2 )
	=	2.472	/	62.596
	=	3.95 %

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

Aviation Lease & Finance Co KSCC (KUW:ALAFCO) 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.

Aviation Lease & Finance Co KSCC ROCE % Related Terms

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Aviation Lease & Finance Co KSCC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aviation Lease & Finance Co KSCC (KUW:ALAFCO) » Definitions » ROCE %

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Address

Abdul Aziz Hamid Al Sagar Street, Second Floor, Chamber of Commerce & Industry Building Annexe, P.O. Box 2255, Al-Qibla, Safat, Kuwait City, KWT, 13023

Website

http://www.alafco-kw.com

Aviation Lease & Finance Co KSCC is engaged in the leasing of Aircraft. The company is engaged in the business of aircraft leasing and providing asset management, marketing, and consultancy services to aviation-related businesses in line with the Islamic Shariah principles. The company's offering includes Operating Lease, Sale and Leaseback, and Aircraft Lease Management. Its geographical segments include the Middle East, Asia, Europe, and America, out of which it generates maximum revenue from Middle East region.

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