Senergy Holding Co KSCP (KUW:SENERGY) ROCE % : -0.66% (As of Mar. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Senergy Holding Co KSCP 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. Senergy Holding Co KSCP's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.66%.

Senergy Holding Co KSCP ROCE % Historical Data

The historical data trend for Senergy Holding Co KSCP'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.

Senergy Holding Co KSCP ROCE % Chart

Senergy Holding Co KSCP Annual Data

Trend

Dec10

Dec11

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-29.54

1.70

1.19

-0.86

-5.30

Senergy Holding Co KSCP 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															1.94	-8.07	-12.76	-2.65	-0.66

Senergy Holding Co KSCP ROCE % Calculation

Senergy Holding Co KSCP'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 )
	=	-0.66	/	( ( (13.546 - 1.359)	+	(15.284 - 2.569) )	/ 2 )
	=	-0.66	/	( (12.187	+	12.715)	/ 2 )
	=	-0.66	/	12.451
	=	-5.30 %

Senergy Holding Co KSCP'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 )
	=	-0.084	/	( ( (15.284 - 2.569)	+	(15.121 - 2.529) )	/ 2 )
	=	-0.084	/	( ( 12.715	+	12.592 )	/ 2 )
	=	-0.084	/	12.6535
	=	-0.66 %

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

Senergy Holding Co KSCP (KUW:SENERGY) 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.

Senergy Holding Co KSCP ROCE % Related Terms

Thank you for viewing the detailed overview of Senergy Holding Co KSCP's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Senergy Holding Co KSCP (KUW:SENERGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Senergy Holding Co KSCP (KUW:SENERGY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

East Ahmadi, P.O. Box 9920, Block 8, Plot 42, Senergy Complex, Mezzanine, Kuwait, KWT, 61010

Website

https://www.senergyholding.com

Senergy Holding Co KSCP is involved in providing oilfield services at different stages of the field development cycle. Its products and services include wireline and production logging, drilling services, perforating, well testing, slickline, and well stimulation among others.

Senergy Holding Co KSCP (KUW:SENERGY) Headlines

No Headlines