Alkhaleej Training and Education Co (SAU:4290) ROCE % : 12.62% (As of Sep. 2024)

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What is Alkhaleej Training and Education 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. Alkhaleej Training and Education Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 12.62%.

Alkhaleej Training and Education Co ROCE % Historical Data

The historical data trend for Alkhaleej Training and Education 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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Alkhaleej Training and Education Co ROCE % Chart

Alkhaleej Training and Education Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.18

2.47

1.21

4.54

4.77

Alkhaleej Training and Education 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															12.57	-4.32	23.75	6.94	12.62

Alkhaleej Training and Education Co ROCE % Calculation

Alkhaleej Training and Education 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 )
	=	71.391	/	( ( (2086.788 - 604.973)	+	(2059.748 - 546.99) )	/ 2 )
	=	71.391	/	( (1481.815	+	1512.758)	/ 2 )
	=	71.391	/	1497.2865
	=	4.77 %

Alkhaleej Training and Education 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 )
	=	204.712	/	( ( (2137.434 - 520.745)	+	(2189.111 - 562.4) )	/ 2 )
	=	204.712	/	( ( 1616.689	+	1626.711 )	/ 2 )
	=	204.712	/	1621.7
	=	12.62 %

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

Alkhaleej Training and Education Co (SAU:4290) 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.

Alkhaleej Training and Education Co ROCE % Related Terms

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Alkhaleej Training and Education Co Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Alkhaleej Training and Education Co (SAU:4290) » Definitions » ROCE %

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Address

Wadi Al-Thumamah, Building No. 8480, Unit No. 5, Olaya, Riyadh, SAU, 12213

Website

https://www.alkhaleej.com.sa

Alkhaleej Training and Education Co and its subsidiaries operate schools for primary and secondary education with an international curriculum, IT & Computer training institutes, teaching languages and communication skills institutes, providing high management consulting services, and integrated office administrative services. Its segments are Training (Computer & Language); University; Management Projects; Smart Link (Call centers) and Schools. It derives prime revenues from the Smart Link (Call centers) segment which provides management and operating services of customer service centers via telephone for a number of companies and bodies.

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