ALDREES Petroleum & Transport Services Co (SAU:4200) ROCE % : 10.67% (As of Dec. 2024)

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What is ALDREES Petroleum & Transport Services 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. ALDREES Petroleum & Transport Services Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.67%.

ALDREES Petroleum & Transport Services Co ROCE % Historical Data

The historical data trend for ALDREES Petroleum & Transport Services 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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ALDREES Petroleum & Transport Services Co ROCE % Chart

ALDREES Petroleum & Transport Services Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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6.87

7.94

9.26

9.61

10.74

ALDREES Petroleum & Transport Services Co 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															8.92	10.29	10.67	10.71	10.67

ALDREES Petroleum & Transport Services Co ROCE % Calculation

ALDREES Petroleum & Transport Services Co'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 )
	=	545.835	/	( ( (7506.13 - 2606.882)	+	(8443.323 - 3177.075) )	/ 2 )
	=	545.835	/	( (4899.248	+	5266.248)	/ 2 )
	=	545.835	/	5082.748
	=	10.74 %

ALDREES Petroleum & Transport Services Co'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 )
	=	562.016	/	( ( (8216.02 - 2943.823)	+	(8443.323 - 3177.075) )	/ 2 )
	=	562.016	/	( ( 5272.197	+	5266.248 )	/ 2 )
	=	562.016	/	5269.2225
	=	10.67 %

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

ALDREES Petroleum & Transport Services Co (SAU:4200) 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.

ALDREES Petroleum & Transport Services Co ROCE % Related Terms

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ALDREES Petroleum & Transport Services Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 609, Riyadh, SAU, 11421

Website

https://www.aldrees.com

ALDREES Petroleum & Transport Services Co is predominantly engaged in the petroleum and transport services businesses. It is involved in various business activities such as; the wholesale and retail trading of fuel, gasoline, oil, and lubricants; providing transportation services for liquid and dry materials; establishing vehicle workshops and carwashes; acquisition of land to construct buildings for sale or lease; and the development, operation, and renting of take away centers for beverages and food. The company has two reportable segments; Petroleum Services and Transport Services. A majority of its revenue is derived from the Petroleum Services segment which includes income generated from the sale of fuel on its fuel stations. Geographically, it operates in the Kingdom of Saudi Arabia.

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