Umm Al Qaiwain General Investments Co (KUW:QIC) ROCE % : 2.48% (As of Dec. 2024)

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What is Umm Al Qaiwain General Investments 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. Umm Al Qaiwain General Investments Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.48%.

Umm Al Qaiwain General Investments Co ROCE % Historical Data

The historical data trend for Umm Al Qaiwain General Investments 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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Umm Al Qaiwain General Investments Co ROCE % Chart

Umm Al Qaiwain General Investments Co Annual Data

Trend

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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3.23

9.11

8.07

5.05

4.52

Umm Al Qaiwain General Investments Co 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															-4.49	7.67	4.12	3.91	2.48

Umm Al Qaiwain General Investments Co ROCE % Calculation

Umm Al Qaiwain General Investments Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	2.41	/	( ( (58.634 - 7.374)	+	(60.144 - 4.855) )	/ 2 )
	=	2.41	/	( (51.26	+	55.289)	/ 2 )
	=	2.41	/	53.2745
	=	4.52 %

Umm Al Qaiwain General Investments Co'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 )
	=	1.372	/	( ( (62.957 - 7.497)	+	(60.144 - 4.855) )	/ 2 )
	=	1.372	/	( ( 55.46	+	55.289 )	/ 2 )
	=	1.372	/	55.3745
	=	2.48 %

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

Umm Al Qaiwain General Investments Co (KUW:QIC) 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.

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Umm Al Qaiwain General Investments Co Business Description

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QIC:United Arab Emirates

Address

Al Ittihad Street, Fahad Al Salem Street, P.O.Box: 816, Building a Big Market Tower Floor 9, Al Raafah Kuwait: Al Dar Audit-Abdullah Muzaini, Umm Al-Qaiwain, ARE

Website

http://www.qic-uaq.ae

Umm Al Qaiwain General Investments Co is engaged in development, establishment and management of real estate enterprises, funds and stocks investments (stocks and bonds), investment, establishment and institution in commercial enterprises, entertainment, agriculture, tourism, industrial, infrastructure, educational services, health, energy and ownership and investment of classes and units in the buildings of the investment areas. The two geographical segments in which the company operates comprise of the United Arab Emirates, which generates maximum revenue and the Gulf Cooperation Council.

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