Jadwa REITudi Fund (SAU:4342) ROCE % : 2.72% (As of Jun. 2024)

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What is Jadwa REITudi Fund 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. Jadwa REITudi Fund's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.72%.

Jadwa REITudi Fund ROCE % Historical Data

The historical data trend for Jadwa REITudi Fund'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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Jadwa REITudi Fund ROCE % Chart

Jadwa REITudi Fund Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.85

8.37

1.94

4.88

11.98

Jadwa REITudi Fund Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial								4.49	4.61	6.59	18.02	2.72

Jadwa REITudi Fund ROCE % Calculation

Jadwa REITudi Fund'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 )
	=	228.332	/	( ( (2293.686 - 514.194)	+	(2070.236 - 37.555) )	/ 2 )
	=	228.332	/	( (1779.492	+	2032.681)	/ 2 )
	=	228.332	/	1906.0865
	=	11.98 %

Jadwa REITudi Fund'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: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	59.142	/	( ( (2070.236 - 37.555)	+	(2338.237 - 28.28) )	/ 2 )
	=	59.142	/	( ( 2032.681	+	2309.957 )	/ 2 )
	=	59.142	/	2171.319
	=	2.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Jadwa REITudi Fund (SAU:4342) 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.

Jadwa REITudi Fund ROCE % Related Terms

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Jadwa REITudi Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Jadwa REIT Saudi Fund (SAU:4342) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road Olaya Area, P.O. Box 60677, Sky Towers, 4th Floor, Riyadh, SAU, 11555

Website

https://www.jadwa.com

Jadwa REIT Saudi Fund is a closed-ended REIT fund that operates as an investment bank. The investment objective of the fund is to provide its investors with regular income by investing in income-generating real estate assets in Saudi Arabia.

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