The Energy House Holding Co (KUW:ENERGYH) ROCE % : -13.27% (As of Mar. 2024)

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What is The Energy House Holding 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. The Energy House Holding Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -13.27%.

The Energy House Holding Co ROCE % Historical Data

The historical data trend for The Energy House Holding 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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The Energy House Holding Co ROCE % Chart

The Energy House Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-17.79

-9.55

-1.12

0.15

-37.41

The Energy House Holding Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-29.16	-9.03	40.05	-155.90	-13.27

The Energy House Holding Co ROCE % Calculation

The Energy House Holding Co'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 )
	=	-1.462	/	( ( (23.659 - 18.855)	+	(4.733 - 1.721) )	/ 2 )
	=	-1.462	/	( (4.804	+	3.012)	/ 2 )
	=	-1.462	/	3.908
	=	-37.41 %

The Energy House Holding Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.392	/	( ( (4.733 - 1.721)	+	(4.572 - 1.676) )	/ 2 )
	=	-0.392	/	( ( 3.012	+	2.896 )	/ 2 )
	=	-0.392	/	2.954
	=	-13.27 %

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

The Energy House Holding Co (KUW:ENERGYH) 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.

The Energy House Holding Co ROCE % Related Terms

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The Energy House Holding Co (KUW:ENERGYH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » The Energy House Holding Co (KUW:ENERGYH) » Definitions » ROCE %

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Address

Abdullah Al-Mubarak Street, P.O. Box 21909, Al-Enmaa Tower, 14th Floor, Mirqab, Safat, Kuwait, KWT, 13080

Website

https://www.energyhouse.com.kw

The Energy House Holding Co mainly operates in the energy and investment businesses in Kuwait, the Middle East and North Africa. The company is organized, along with its subsidiaries, into three business segments: Energy segment includes exploration, drilling, development, and production of oil and gas, alternate and renewable sources of energy, licensing, Contracting segment includes general trading and contracting, and others segments include investment and other related services. It generates a majority of its revenue from the Energy segment. Geographically, it derives maximum revenue from the Middle East and North Africa.

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