Saudi Industrial Investment Group (SAU:2250) ROCE % : -0.81% (As of Sep. 2024)

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

What is Saudi Industrial Investment Group 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. Saudi Industrial Investment Group's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.81%.

Saudi Industrial Investment Group ROCE % Historical Data

The historical data trend for Saudi Industrial Investment Group'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.

Saudi Industrial Investment Group ROCE % Chart

Saudi Industrial Investment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.45

1.49

16.50

4.14

1.75

Saudi Industrial Investment Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-0.50	-0.83	8.80	-0.47	-0.81

Saudi Industrial Investment Group ROCE % Calculation

Saudi Industrial Investment Group'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 )
	=	181.716	/	( ( (11054.211 - 346.67)	+	(10772.372 - 724.492) )	/ 2 )
	=	181.716	/	( (10707.541	+	10047.88)	/ 2 )
	=	181.716	/	10377.7105
	=	1.75 %

Saudi Industrial Investment Group'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-80.364	/	( ( (10416.84 - 340.434)	+	(10196.748 - 333.773) )	/ 2 )
	=	-80.364	/	( ( 10076.406	+	9862.975 )	/ 2 )
	=	-80.364	/	9969.6905
	=	-0.81 %

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

Saudi Industrial Investment Group (SAU:2250) 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.

Saudi Industrial Investment Group ROCE % Related Terms

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

Saudi Industrial Investment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Saudi Industrial Investment Group (SAU:2250) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Northern Ring Road, P.O. Box 99833, Office 203 - Rubeen Plaza, Hittin District, Riyadh, SAU, 11625

Website

http://www.siig.com.sa

Saudi Industrial Investment Group is engaged in the ownership of real estate, investing the funds of its subsidiary, and the management of its subsidiary. All activities and operations of the company comprise two operating segments which are within the petrochemical sector i.e. the polymers and aromatics product envelopes.

Saudi Industrial Investment Group Headlines

No Headlines