Al Hassan Engineering CoOG (MUS:HECI) ROCE % : 0.00% (As of Dec. 2020)

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What is Al Hassan Engineering CoOG 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. Al Hassan Engineering CoOG's annualized ROCE % for the quarter that ended in Dec. 2020 was 0.00%.

Al Hassan Engineering CoOG ROCE % Historical Data

The historical data trend for Al Hassan Engineering CoOG'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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Al Hassan Engineering CoOG ROCE % Chart

Al Hassan Engineering CoOG Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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-227.72

Al Hassan Engineering CoOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
ROCE %	Get a 7-Day Free Trial										-227.72	-	-	-	-

Al Hassan Engineering CoOG ROCE % Calculation

Al Hassan Engineering CoOG's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	16.248	/	( ( (33.6 - 61.57)	+	(20.484 - 19.659) )	/ 2 )
	=	16.248	/	( (-27.97	+	0.825)	/ 2 )
	=	16.248	/	-13.5725
	=	-119.71 %

Al Hassan Engineering CoOG's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2020 )		(Q: Dec. 2019 )		(Q: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2020 )		(Q: Dec. 2019 )		(Q: Dec. 2020 )
	=	16.248	/	( ( (33.6 - 61.57)	+	(20.484 - 19.659) )	/ 2 )
	=	16.248	/	( ( -27.97	+	0.825 )	/ 2 )
	=	16.248	/	-13.5725
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2020) EBIT data.

Al Hassan Engineering CoOG (MUS:HECI) 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.

Al Hassan Engineering CoOG ROCE % Related Terms

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Al Hassan Engineering CoOG (MUS:HECI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Al Hassan Engineering Co SAOG (MUS:HECI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Ruwi, P.O Box 1948, Muscat, OMN, 112

Website

http://www.al-hassan.com

Al Hassan Engineering Co SAOG is a contracting company providing electrical, mechanical, instrumentation and civil contracting services to the Oil, Gas and Petrochemicals, Power, Water and Wastewater sectors. The company also provides fabrication that includes design, fabrication, and repair of pressure vessels and boilers and maintenance services across all sectors. It derives its revenues from the contracting services it provides to various sectors.

Al Hassan Engineering CoOG (MUS:HECI) Headlines

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