Majan College (University College)OG (MUS:BACS) ROCE % : 4.52% (As of Aug. 2023)

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What is Majan College (University College)OG 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. Majan College (University College)OG's annualized ROCE % for the quarter that ended in Aug. 2023 was 4.52%.

Majan College (University College)OG ROCE % Historical Data

The historical data trend for Majan College (University College)OG'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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Majan College (University College)OG ROCE % Chart

Majan College (University College)OG Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

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13.12

11.02

8.14

9.11

4.52

Majan College (University College)OG Semi-Annual Data
	Aug06	Aug07	Aug08	Aug09	Aug10	Aug11	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22	Aug23
ROCE %	Get a 7-Day Free Trial													13.12	11.02	8.14	9.11	4.52

Majan College (University College)OG ROCE % Calculation

Majan College (University College)OG's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	0.588	/	( ( (13.317 - 0.576)	+	(14.006 - 0.705) )	/ 2 )
	=	0.588	/	( (12.741	+	13.301)	/ 2 )
	=	0.588	/	13.021
	=	4.52 %

Majan College (University College)OG's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2023 )		(Q: Aug. 2022 )		(Q: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2023 )		(Q: Aug. 2022 )		(Q: Aug. 2023 )
	=	0.588	/	( ( (13.317 - 0.576)	+	(14.006 - 0.705) )	/ 2 )
	=	0.588	/	( ( 12.741	+	13.301 )	/ 2 )
	=	0.588	/	13.021
	=	4.52 %

(1) Note: The EBIT data used here is one times the annual (Aug. 2023) EBIT data.

Majan College (University College)OG (MUS:BACS) 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.

Majan College (University College)OG ROCE % Related Terms

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Majan College (University College)OG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Majan College (University College) SAOG (MUS:BACS) » Definitions » ROCE %

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Address

Building No 1986, Way No. 2621, P.O Box: 710, Ruwi, Mutrah, Muscat, OMN, 112

Website

https://www.majancollege.edu.om

Majan College (University College) SAOG engages in the fields of management sciences, and scientific research, and provides education to students in the Sultanate of Oman. The company offers programs at both undergraduate and postgraduate levels. Majan College (University College) SAOG provides its undergraduate programs in Business Administration with several pathways like Finance, Accounting, Banking and Finance, Computer and Internet Applications, Networking, Computing with 3 pathways, and English Language. The Master's programs offered include Business Administration, Computer Sciences, and International Human Resources Management.

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