Al Suwadi Power CoOG (MUS:SUWP) ROCE % : -0.73% (As of Dec. 2024)

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What is Al Suwadi 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. Al Suwadi Power CoOG's annualized ROCE % for the quarter that ended in Dec. 2024 was -0.73%.

Al Suwadi Power CoOG ROCE % Historical Data

The historical data trend for Al Suwadi 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.

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Al Suwadi Power CoOG ROCE % Chart

Al Suwadi Power CoOG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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8.28

8.56

9.35

10.10

10.15

Al Suwadi Power CoOG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															1.14	0.94	19.48	18.99	-0.73

Al Suwadi Power CoOG ROCE % Calculation

Al Suwadi Power CoOG's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	21.674	/	( ( (250.823 - 30.043)	+	(238.629 - 32.186) )	/ 2 )
	=	21.674	/	( (220.78	+	206.443)	/ 2 )
	=	21.674	/	213.6115
	=	10.15 %

Al Suwadi Power CoOG's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-1.592	/	( ( (263.845 - 32.795)	+	(238.629 - 32.186) )	/ 2 )
	=	-1.592	/	( ( 231.05	+	206.443 )	/ 2 )
	=	-1.592	/	218.7465
	=	-0.73 %

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

Al Suwadi Power CoOG (MUS:SUWP) 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 Suwadi Power CoOG ROCE % Related Terms

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Al Suwadi Power CoOG Business Description

Industry

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

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Traded in Other Exchanges

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Address

Muscat Grand Mall Building No. 5, Street No. 35, P.O. Box 39, Bareeq Al Shatti, Level 1 (South East), Al Khuwair, Muscat, OMN, 103

Website

https://www.alsuwadipower.com

Al Suwadi Power Co SAOG is an Oman-based company. The company is the owner of the Barka 3 Power Plant in the Al Batinah region of the Sultanate of Oman. It develops, finances, constructs, and owns power-generating facilities and associated gas interconnection facilities.

Al Suwadi Power CoOG Headlines

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