Leejam Sports Co (SAU:1830) ROCE % : 32.60% (As of Sep. 2024)

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What is Leejam Sports Co 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. Leejam Sports Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 32.60%.

Leejam Sports Co ROCE % Historical Data

The historical data trend for Leejam Sports Co'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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Leejam Sports Co ROCE % Chart

Leejam Sports Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.92

-0.31

13.50

16.02

19.11

Leejam Sports Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															21.46	21.78	18.43	14.68	32.60

Leejam Sports Co ROCE % Calculation

Leejam Sports Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	425.778	/	( ( (2674.384 - 718.523)	+	(3401.218 - 900.956) )	/ 2 )
	=	425.778	/	( (1955.861	+	2500.262)	/ 2 )
	=	425.778	/	2228.0615
	=	19.11 %

Leejam Sports Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	872.348	/	( ( (3575.123 - 896.538)	+	(3805.717 - 1132.932) )	/ 2 )
	=	872.348	/	( ( 2678.585	+	2672.785 )	/ 2 )
	=	872.348	/	2675.685
	=	32.60 %

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

Leejam Sports Co (SAU:1830) 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.

Leejam Sports Co ROCE % Related Terms

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Leejam Sports Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Thumamah Street, P.O. Box 295245, Al Ghadir District, Riyadh, SAU, 11351

Website

https://www.leejam.com.sa

Leejam Sports Co is a Saudi Arabian company that owns and operates a network of sports and fitness centers in the Middle East and North Africa under the name Fitness Time. Its brands include Fitness Time Plus, Fitness Time, Fitness Time Pro, Fitness Time Junior, Fitness Time Ladies, and Fitness Time Ladies Pro. The company's operating segments include the Central region, Western region, Eastern region and International region. It generates maximum revenue from the Central region segment and also from Subscriptions and membership.

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