Intelligent Oud Co (SAU:9579) ROCE % : 9.68% (As of Jun. 2024)

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What is Intelligent Oud 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. Intelligent Oud Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.68%.

Intelligent Oud Co ROCE % Historical Data

The historical data trend for Intelligent Oud 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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Intelligent Oud Co ROCE % Chart

Intelligent Oud Co Annual Data

Trend

Dec22

Dec23

ROCE %

18.68

20.86

Intelligent Oud Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
ROCE %	-	12.91	25.46	9.68

Intelligent Oud Co ROCE % Calculation

Intelligent Oud 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 )
	=	7.822	/	( ( (41.088 - 13.63)	+	(61.908 - 14.376) )	/ 2 )
	=	7.822	/	( (27.458	+	47.532)	/ 2 )
	=	7.822	/	37.495
	=	20.86 %

Intelligent Oud 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 )
	=	5.008	/	( ( (61.908 - 14.376)	+	(77.233 - 21.264) )	/ 2 )
	=	5.008	/	( ( 47.532	+	55.969 )	/ 2 )
	=	5.008	/	51.7505
	=	9.68 %

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

Intelligent Oud Co (SAU:9579) 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.

Intelligent Oud Co ROCE % Related Terms

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Intelligent Oud Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Intelligent Oud Co (SAU:9579) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Olaya Branch Road, P.O. Box 230959, Al-Marw district, Riyadh, SAU, 12283

Website

https://www.ioudstore.com

Intelligent Oud Co is a company engaged in manufacturing of oud and incense, room fresheners and deodorants, production of related oils and reproduction of them in the form of sticks or basic raw form (IOUD), also Marketing and selling cosmetics and sterilizers.

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