Academy of Learning Co (SAU:9541) ROCE % : 25.05% (As of Jun. 2023)

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What is Academy of Learning 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. Academy of Learning Co's annualized ROCE % for the quarter that ended in Jun. 2023 was 25.05%.

Academy of Learning Co ROCE % Historical Data

The historical data trend for Academy of Learning 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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Academy of Learning Co ROCE % Chart

Academy of Learning Co Annual Data

Trend

Dec21

Dec22

ROCE %

18.81

23.18

Academy of Learning Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
ROCE %	-	18.72	27.05	25.05

Academy of Learning Co ROCE % Calculation

Academy of Learning Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	24.52	/	( ( (103.533 - 5.177)	+	(122.301 - 9.068) )	/ 2 )
	=	24.52	/	( (98.356	+	113.233)	/ 2 )
	=	24.52	/	105.7945
	=	23.18 %

Academy of Learning Co's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	32.018	/	( ( (122.301 - 9.068)	+	(176.758 - 34.351) )	/ 2 )
	=	32.018	/	( ( 113.233	+	142.407 )	/ 2 )
	=	32.018	/	127.82
	=	25.05 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Academy of Learning Co (SAU:9541) 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.

Academy of Learning Co ROCE % Related Terms

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Academy of Learning Co (SAU:9541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Academy of Learning Co (SAU:9541) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arabian Gulf Road, Ash Shati Ash Sharqi, Dammam, SAU, 32414

Website

https://www.aol.edu.sa

Academy of Learning Co works in the education and training sector in the Kingdom of Saudi Arabia through education and training institutes in various regions. The company prepares its students to join the job market and equips them with the necessary practical experience through different accredited diploma programs. The activity of the company is wholesale of computers and their accessories, including (selling printers and their inks), administrative training institutes. It provides educational services and has one sector, which is the educational activity. The company operates in the Kingdom of Saudi Arabia and has no geographical sector.

Academy of Learning Co (SAU:9541) Headlines

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