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Dr Soliman Abdul Kader Fakeeh Hospital Co (SAU:4017) ROCE % : 9.99% (As of Sep. 2024)


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What is Dr Soliman Abdul Kader Fakeeh Hospital 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. Dr Soliman Abdul Kader Fakeeh Hospital Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.99%.


Dr Soliman Abdul Kader Fakeeh Hospital Co ROCE % Historical Data

The historical data trend for Dr Soliman Abdul Kader Fakeeh Hospital 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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Dr Soliman Abdul Kader Fakeeh Hospital Co ROCE % Chart

Dr Soliman Abdul Kader Fakeeh Hospital Co Annual Data
Trend
ROCE %

Dr Soliman Abdul Kader Fakeeh Hospital Co Quarterly Data
Jun23 Sep23 Jun24 Sep24
ROCE % - - 7.22 9.99

Dr Soliman Abdul Kader Fakeeh Hospital Co ROCE % Calculation

Dr Soliman Abdul Kader Fakeeh Hospital Co's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Dr Soliman Abdul Kader Fakeeh Hospital 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 )
=453.312/( ( (5172.258 - 613.881) + (5183.418 - 662.091) )/ 2 )
=453.312/( ( 4558.377 + 4521.327 )/ 2 )
=453.312/4539.852
=9.99 %

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

* 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.


Dr Soliman Abdul Kader Fakeeh Hospital Co  (SAU:4017) 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.


Dr Soliman Abdul Kader Fakeeh Hospital Co ROCE % Related Terms

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Dr Soliman Abdul Kader Fakeeh Hospital Co Business Description

Traded in Other Exchanges
N/A
Address
Palestine Street, P.O. Box 2537, Al Hamra District, Jeddah, SAU, 21461
Dr Soliman Abdul Kader Fakeeh Hospital Co is a Company whose principal activities include managing, establishing and operating hospitals, clinics, medical, educational and training centers. In addition to the above, the company is also managing and operating medical services, analysis and radiology laboratory and managing and establishing pharmacies, wholesale and retail of medical equipment, maintenance of IT equipment and software related services.

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