Sohar Power CoOG (MUS:SHPS) ROCE % : -363.51% (As of Dec. 2021)

View and export this data going back to 2004. Start your Free Trial

What is Sohar Power 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. Sohar Power CoOG's annualized ROCE % for the quarter that ended in Dec. 2021 was -363.51%.

Sohar Power CoOG ROCE % Historical Data

The historical data trend for Sohar Power 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.

* Premium members only.

Sohar Power CoOG ROCE % Chart

Sohar Power CoOG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

Get a 7-Day Free Trial

8.85

-5.92

6.65

8.03

-77.33

Sohar Power CoOG Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Sep21	Dec21
ROCE %	Get a 7-Day Free Trial															9.03	9.28	8.72	-	-363.51

Sohar Power CoOG ROCE % Calculation

Sohar Power CoOG's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-37.584	/	( ( (91.765 - 14.892)	+	(39.464 - 19.134) )	/ 2 )
	=	-37.584	/	( (76.873	+	20.33)	/ 2 )
	=	-37.584	/	48.6015
	=	-77.33 %

Sohar Power CoOG's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	-146.864	/	( ( (74.472 - 13.999)	+	(39.464 - 19.134) )	/ 2 )
	=	-146.864	/	( ( 60.473	+	20.33 )	/ 2 )
	=	-146.864	/	40.4015
	=	-363.51 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

Sohar Power CoOG (MUS:SHPS) 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.

Sohar Power CoOG ROCE % Related Terms

Thank you for viewing the detailed overview of Sohar Power CoOG's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sohar Power CoOG (MUS:SHPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sohar Power Co SAOG (MUS:SHPS) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jawharat Al Shatti, PO Box 147, Muscat, OMN, 134

Website

http://www.soharpower.com

Sohar Power Co SAOG owns and operates power generation and water desalination plant in the Sultanate of Oman. The company has built and owned the more than 550 plus megawatt electricity generation and a seawater desalination plant in Sohar.

Sohar Power CoOG (MUS:SHPS) Headlines

No Headlines