Dulaqan Real Estate Co KSCC (KUW:DALQAN) ROCE % : 31.82% (As of Dec. 2023)

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What is Dulaqan Real Estate 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. Dulaqan Real Estate Co KSCC's annualized ROCE % for the quarter that ended in Dec. 2023 was 31.82%.

Dulaqan Real Estate Co KSCC ROCE % Historical Data

The historical data trend for Dulaqan Real Estate 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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Dulaqan Real Estate Co KSCC ROCE % Chart

Dulaqan Real Estate Co KSCC Annual Data

Trend

Dec10

Dec11

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.73

2.01

2.50

2.79

10.15

Dulaqan Real Estate Co KSCC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															2.57	3.29	3.30	2.65	31.82

Dulaqan Real Estate Co KSCC ROCE % Calculation

Dulaqan Real Estate Co KSCC'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 )
	=	0.688	/	( ( (8.01 - 1.462)	+	(8.645 - 1.638) )	/ 2 )
	=	0.688	/	( (6.548	+	7.007)	/ 2 )
	=	0.688	/	6.7775
	=	10.15 %

Dulaqan Real Estate Co KSCC'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 )
	=	2.152	/	( ( (8.843 - 2.325)	+	(8.645 - 1.638) )	/ 2 )
	=	2.152	/	( ( 6.518	+	7.007 )	/ 2 )
	=	2.152	/	6.7625
	=	31.82 %

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

Dulaqan Real Estate Co KSCC (KUW:DALQAN) 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.

Dulaqan Real Estate Co KSCC ROCE % Related Terms

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Dulaqan Real Estate Co KSCC (KUW:DALQAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dulaqan Real Estate Co KSCC (KUW:DALQAN) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Al Ardiya, P.O Box 41081, Kuwait City, KWT, 85851

Website

https://www.dalqanrealestate.com

Dulaqan Real Estate Co KSCC provides real estate services. The company is engaged in contracting, managing, developing & maintaining real estate properties such as commercial, residential and touristic projects.

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