Raysut Cement CoOG (MUS:RCCI) ROCE % : -4.30% (As of Mar. 2022)

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What is Raysut Cement 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. Raysut Cement CoOG's annualized ROCE % for the quarter that ended in Mar. 2022 was -4.30%.

Raysut Cement CoOG ROCE % Historical Data

The historical data trend for Raysut Cement 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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Raysut Cement CoOG ROCE % Chart

Raysut Cement CoOG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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1.26

4.09

-9.47

-6.12

-77.14

Raysut Cement CoOG Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Dec22
ROCE %	Get a 7-Day Free Trial															-5.81	4.04	-24.92	-4.30	-

Raysut Cement CoOG ROCE % Calculation

Raysut Cement CoOG's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-93.771	/	( ( (230.132 - 60.725)	+	(141.819 - 68.121) )	/ 2 )
	=	-93.771	/	( (169.407	+	73.698)	/ 2 )
	=	-93.771	/	121.5525
	=	-77.14 %

Raysut Cement CoOG's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	-7.248	/	( ( (230.132 - 60.725)	+	(231.366 - 63.354) )	/ 2 )
	=	-7.248	/	( ( 169.407	+	168.012 )	/ 2 )
	=	-7.248	/	168.7095
	=	-4.30 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

Raysut Cement CoOG (MUS:RCCI) 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.

Raysut Cement CoOG ROCE % Related Terms

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Raysut Cement CoOG (MUS:RCCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Raysut Cement Co SAOG (MUS:RCCI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Raysut Industrial Area, P.O.Box 1020, Salalah, OMN, 211

Website

https://www.raysutcement.om

Raysut Cement Co SAOG is engaged in the production and sale of cement in Oman. Its products include portland cement, sulphur resistant cement, oil well class cement and pozzolana well cement. The company sells its products in domestic and international markets including Oman, Yemen, Somalia, Mauritius, Qatar, Iraq, Tanzania and Sudan.

Raysut Cement CoOG (MUS:RCCI) Headlines

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