Kuwait Investment CoK (KUW:KINV) ROCE % : 17.71% (As of Dec. 2023)

View and export this data going back to 1984. Start your Free Trial

What is Kuwait Investment CoK 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. Kuwait Investment CoK's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.71%.

Kuwait Investment CoK ROCE % Historical Data

The historical data trend for Kuwait Investment CoK'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.

* Premium members only.

Kuwait Investment CoK ROCE % Chart

Kuwait Investment CoK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

11.51

-0.08

19.45

3.74

9.63

Kuwait Investment CoK 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															20.55	7.20	12.40	1.56	17.71

Kuwait Investment CoK ROCE % Calculation

Kuwait Investment CoK'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 )
	=	15.539	/	( ( (260.793 - 99.227)	+	(242.067 - 80.766) )	/ 2 )
	=	15.539	/	( (161.566	+	161.301)	/ 2 )
	=	15.539	/	161.4335
	=	9.63 %

Kuwait Investment CoK'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 )
	=	28.296	/	( ( (245.079 - 86.907)	+	(242.067 - 80.766) )	/ 2 )
	=	28.296	/	( ( 158.172	+	161.301 )	/ 2 )
	=	28.296	/	159.7365
	=	17.71 %

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

Kuwait Investment CoK (KUW:KINV) 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.

Kuwait Investment CoK ROCE % Related Terms

Thank you for viewing the detailed overview of Kuwait Investment CoK's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuwait Investment CoK (KUW:KINV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kuwait Investment Co SAK (KUW:KINV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mubarak Al Kabeer Street, P.O. Box 1005, Souk Al Manakh Building, 5th Floor, Sharq, Safat, Kuwait, KWT, 13011

Website

https://www.kic.com.kw

Kuwait Investment Co SAK is an investment company. The company has four operating segments which include Asset Management; Direct Investments and Corporate Finance (DICF); Treasury and Other operations. It generates the majority of revenue from the DICF and Other operation segments. The DICF segment consists of managing subsidiaries, associates, long-term strategic investments, lending, real estate, and rental activities. Geographically, it derives a majority of its revenue from Kuwait.

Kuwait Investment CoK (KUW:KINV) Headlines

No Headlines