Rawasi Albina Investment Co (SAU:9547) ROCE % : 19.37% (As of Dec. 2023)

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What is Rawasi Albina Investment 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. Rawasi Albina Investment Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 19.37%.

Rawasi Albina Investment Co ROCE % Historical Data

The historical data trend for Rawasi Albina Investment 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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Rawasi Albina Investment Co ROCE % Chart

Rawasi Albina Investment Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

20.98

25.48

25.11

Rawasi Albina Investment Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	22.56	28.12	31.18	19.37

Rawasi Albina Investment Co ROCE % Calculation

Rawasi Albina Investment 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 )
	=	34.992	/	( ( (180.88 - 52.824)	+	(210.132 - 59.521) )	/ 2 )
	=	34.992	/	( (128.056	+	150.611)	/ 2 )
	=	34.992	/	139.3335
	=	25.11 %

Rawasi Albina Investment Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	28.164	/	( ( (203.174 - 63.022)	+	(210.132 - 59.521) )	/ 2 )
	=	28.164	/	( ( 140.152	+	150.611 )	/ 2 )
	=	28.164	/	145.3815
	=	19.37 %

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

Rawasi Albina Investment Co (SAU:9547) 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.

Rawasi Albina Investment Co ROCE % Related Terms

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Rawasi Albina Investment Co (SAU:9547) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, Olaya Avenue Building 2nd Floor, Riyadh, SAU

Website

https://www.rawasialbina.com

Rawasi Albina Investment Co is a telecommunications management consulting, technology services-based company. Its services include GSM Civil New Sites, IBS Installation, FTTH, OSP, Power Project, Materials Supply, Operation & Maintenance, Telecom Implementation, and Rehabilitation Project. It provides construction and repair of roads, streets, pests and roads, construction and erection of electrical power stations and transformers, construction and erection of communication and radar stations and towers, extension of electrical wires, extension of electrical wires of communications, network extensions, installation of lighting systems, where the company's business is focused on infrastructure projects in the electricity, telecommunications and water sectors.

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