Knowledge Net Co (SAU:9561) ROCE % : -7.02% (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Knowledge Net 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. Knowledge Net Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -7.02%.

Knowledge Net Co ROCE % Historical Data

The historical data trend for Knowledge Net 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.

* Premium members only.

Knowledge Net Co ROCE % Chart

Knowledge Net Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

6.17

-13.16

Knowledge Net Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	-	-6.24	-18.88	-7.02	-7.02

Knowledge Net Co ROCE % Calculation

Knowledge Net 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 )
	=	-5.97	/	( ( (66.77 - 17.443)	+	(56.288 - 14.909) )	/ 2 )
	=	-5.97	/	( (49.327	+	41.379)	/ 2 )
	=	-5.97	/	45.353
	=	-13.16 %

Knowledge Net Co'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 )
	=	-2.882	/	( ( (56.288 - 14.909)	+	(60.08 - 19.387) )	/ 2 )
	=	-2.882	/	( ( 41.379	+	40.693 )	/ 2 )
	=	-2.882	/	41.036
	=	-7.02 %

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

Knowledge Net Co (SAU:9561) 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.

Knowledge Net Co ROCE % Related Terms

Thank you for viewing the detailed overview of Knowledge Net Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Knowledge Net Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Knowledge Net Co (SAU:9561) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2277 Makkah Al Mukarramah, Al Olaya District, Riyadh, SAU, 12611

Website

https://www.kn-it.com

Knowledge Net Co is engaged in wholesale of computers and their accessories including sale of printers and toners, wholesale of software and includes importing, system analysis, designing and programming the specific software, maintenance of software and design the websites. It generates revenue from Sale of programs licenses and Maintenance and technical support Services. It offers software solutions to both incumbent financial services companies and emerging, disruptive Fintech companies. Its software solutions encompass three categories: digitalization, data, and core systems.

Knowledge Net Co Headlines

No Headlines