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SEDCO Capital REIT Fund (SAU:4344) ROCE % : 4.63% (As of Jun. 2024)


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What is SEDCO Capital REIT 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. SEDCO Capital REIT Fund's annualized ROCE % for the quarter that ended in Jun. 2024 was 4.63%.


SEDCO Capital REIT Fund ROCE % Historical Data

The historical data trend for SEDCO Capital REIT 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.

* Premium members only.

SEDCO Capital REIT Fund ROCE % Chart

SEDCO Capital REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 4.31 3.31 2.87 4.70 4.69

SEDCO Capital REIT Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.70 4.45 4.38 4.37 4.63

SEDCO Capital REIT Fund ROCE % Calculation

SEDCO Capital REIT 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 )
=96.192/( ( (1844.432 - 61.112) + (2384.375 - 68.902) )/ 2 )
=96.192/( (1783.32+2315.473)/ 2 )
=96.192/2049.3965
=4.69 %

SEDCO Capital REIT 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 )
=107.174/( ( (2384.375 - 68.902) + (2369.285 - 57.524) )/ 2 )
=107.174/( ( 2315.473 + 2311.761 )/ 2 )
=107.174/2313.617
=4.63 %

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


SEDCO Capital REIT Fund  (SAU:4344) 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.


SEDCO Capital REIT Fund ROCE % Related Terms

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SEDCO Capital REIT Fund Business Description

Traded in Other Exchanges
N/A
Address
King Abdulaziz (Malik) Road, P.O. Box 13396, South Tower of the Red Sea Mall, Jeddah, SAU, 21491
SEDCO Capital REIT Fund is an closed-ended shariah real estate investment fund. Its activities include Dealing, Arranging, Managing, Advising and Custody.Its objective is to provide rental income to its Unitholders mainly in developed properties.

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