Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) ROCE % : 14.19% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Kuwait Resorts Co KSCC (Muntazahat) 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 Resorts Co KSCC (Muntazahat)'s annualized ROCE % for the quarter that ended in Mar. 2024 was 14.19%.

Kuwait Resorts Co KSCC (Muntazahat) ROCE % Historical Data

The historical data trend for Kuwait Resorts Co KSCC (Muntazahat)'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 Resorts Co KSCC (Muntazahat) ROCE % Chart

Kuwait Resorts Co KSCC (Muntazahat) Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.31

1.25

3.44

3.71

5.04

Kuwait Resorts Co KSCC (Muntazahat) 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															6.15	17.14	7.58	-11.64	14.19

Kuwait Resorts Co KSCC (Muntazahat) ROCE % Calculation

Kuwait Resorts Co KSCC (Muntazahat)'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 )
	=	1.477	/	( ( (33.256 - 3.744)	+	(30.592 - 1.503) )	/ 2 )
	=	1.477	/	( (29.512	+	29.089)	/ 2 )
	=	1.477	/	29.3005
	=	5.04 %

Kuwait Resorts Co KSCC (Muntazahat)'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 )
	=	4.324	/	( ( (30.592 - 1.503)	+	(33.554 - 1.703) )	/ 2 )
	=	4.324	/	( ( 29.089	+	31.851 )	/ 2 )
	=	4.324	/	30.47
	=	14.19 %

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

Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) 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 Resorts Co KSCC (Muntazahat) ROCE % Related Terms

Thank you for viewing the detailed overview of Kuwait Resorts Co KSCC (Muntazahat)'s ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jaber Al-Mobarak Street, Sheroq Touwer, 5th Floor, P.O. Box 5601, Sharq, Kuwait City, KWT, 13057

Website

https://www.muntazahat.com.kw

Kuwait Resorts Co KSCC (Muntazahat) is engaged in managing, investing, owning selling, and acquiring real estate lands and developing them into hotels, motels, clubs, resorts, parks, exhibitions, restaurants, commercial complexes, and sports clubs. Its activities include the creation and management, operation, investment, and renting of hotels, health clubs, motels and guest houses, rest houses, parks, gardens, galleries, restaurants and cafeterias and residential complexes, resorts and tourist facilities, and health projects, recreational and sports shops at various grades and levels, including all services, assistance, and facilities thereto and other necessary services.

Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Headlines

No Headlines