Batic Investments and Logistics Co (SAU:4110) ROCE % : 2.27% (As of Jun. 2024)

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What is Batic Investments and Logistics 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. Batic Investments and Logistics Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.27%.

Batic Investments and Logistics Co ROCE % Historical Data

The historical data trend for Batic Investments and Logistics 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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Batic Investments and Logistics Co ROCE % Chart

Batic Investments and Logistics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.10

-0.05

-0.91

-2.45

-0.08

Batic Investments and Logistics Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															2.29	-0.26	-4.13	2.76	2.27

Batic Investments and Logistics Co ROCE % Calculation

Batic Investments and Logistics 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 )
	=	-1.024	/	( ( (1354.398 - 183.076)	+	(1475.544 - 222.979) )	/ 2 )
	=	-1.024	/	( (1171.322	+	1252.565)	/ 2 )
	=	-1.024	/	1211.9435
	=	-0.08 %

Batic Investments and Logistics Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	28.452	/	( ( (1515.462 - 207.205)	+	(1538.343 - 334.7) )	/ 2 )
	=	28.452	/	( ( 1308.257	+	1203.643 )	/ 2 )
	=	28.452	/	1255.95
	=	2.27 %

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

Batic Investments and Logistics Co (SAU:4110) 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.

Batic Investments and Logistics Co ROCE % Related Terms

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Batic Investments and Logistics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Batic Investments and Logistics Co (SAU:4110) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al'arz Street, PO Box 7939, Second floor, BATIC Building, Al-Olaya District, Riyadh, SAU

Website

http://www.batic.com.sa

Batic Investments and Logistics Co is engaged in general construction of residential buildings and general constructions of non-residential buildings including schools, hospitals and hotels, restoration of residential and non-residential buildings, construction and repair of roads, streets, sidewalks and road accessories and finishing buildings.

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