OILRF (Oil Refineries) ROCE % : 5.63% (As of Dec. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Oil Refineries 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. Oil Refineries's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.63%.

Oil Refineries ROCE % Historical Data

The historical data trend for Oil Refineries'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.

Oil Refineries ROCE % Chart

Oil Refineries Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-7.72

13.84

19.90

18.39

7.73

Oil Refineries 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															7.47	11.25	12.70	1.25	5.63

Oil Refineries ROCE % Calculation

Oil Refineries'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 )
	=	248	/	( ( (4657 - 1394)	+	(4452 - 1298) )	/ 2 )
	=	248	/	( (3263	+	3154)	/ 2 )
	=	248	/	3208.5
	=	7.73 %

Oil Refineries'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 )
	=	176.98	/	( ( (4373.172 - 1245.538)	+	(4452 - 1298) )	/ 2 )
	=	176.98	/	( ( 3127.634	+	3154 )	/ 2 )
	=	176.98	/	3140.817
	=	5.63 %

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

Oil Refineries (OTCPK:OILRF) 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.

Oil Refineries ROCE % Related Terms

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

Oil Refineries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil Refineries Ltd (OTCPK:OILRF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ORL:Israel

Address

P.O. Box 4, Haifa, ISR, 310001

Website

https://www.bazan.co.il

Oil Refineries Ltd (ORL), also known as Bazan Group, engages in the production of fuel products. It also manufactures raw materials for the petrochemical industry and materials for the plastic industry, including oils, wax, and accompanying products. The company also provides power and water (mainly electricity and steam) services to a number of industries located near the refinery in Israel. The variety of products refined by ORL is used in industrial operations, transportation, private consumption, agriculture, and infrastructures. ORL plays a key role in Israel's refinery complex, with a major portion of refined products going to local consumption. Although the majority of operations are consumed by refining, ORL is also active in polymer and aromatic production through subsidiaries.

Oil Refineries Headlines

No Headlines