The Securities House KSC (KUW:SECH) ROCE % : 1.16% (As of Sep. 2024)

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What is The Securities House KSC 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 Securities House KSC's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.16%.

The Securities House KSC ROCE % Historical Data

The historical data trend for The Securities House KSC'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 Securities House KSC ROCE % Chart

The Securities House KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.29

-1.22

7.41

4.45

-2.60

The Securities House KSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-4.55	-1.89	-3.19	-0.11	1.16

The Securities House KSC ROCE % Calculation

The Securities House KSC'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 )
	=	-1.177	/	( ( (50.107 - 5.13)	+	(50.246 - 4.84) )	/ 2 )
	=	-1.177	/	( (44.977	+	45.406)	/ 2 )
	=	-1.177	/	45.1915
	=	-2.60 %

The Securities House KSC's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	0.508	/	( ( (50.079 - 6.686)	+	(51.473 - 7.635) )	/ 2 )
	=	0.508	/	( ( 43.393	+	43.838 )	/ 2 )
	=	0.508	/	43.6155
	=	1.16 %

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

The Securities House KSC (KUW:SECH) 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 Securities House KSC ROCE % Related Terms

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The Securities House KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Securities House KSC (KUW:SECH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khalid Ibn Al-Waleed Street, P.O.Box 26972, 18th Floor, Al-Dhow Tower, Sharq, Safat, KWT, 13130

Website

https://www.sh.com.kw

The Securities House KSC is an investment company. Its services include dealing and brokerage in securities, underwriting, and sale of third-party-issued securities, investment trust, and investment monitoring, providing financial advisory and research services, establishing financial, real estate, industrial, and multipurpose investment funds, and companies, fund management on behalf of third parties, investment in real estate and other economic sectors, finance activities and mediation in borrowing and international trade activities. Its segments include Proprietary investment management; Asset management, and advisory services; and commercial activities.

The Securities House KSC Headlines

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