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Yaqeen Capital Co (SAU:9602) ROCE % : 11.09% (As of Dec. 2024)


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What is Yaqeen Capital 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. Yaqeen Capital Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.09%.


Yaqeen Capital Co ROCE % Historical Data

The historical data trend for Yaqeen Capital 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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Yaqeen Capital Co ROCE % Chart

Yaqeen Capital Co Annual Data
Trend Dec23 Dec24
ROCE %
17.80 10.13

Yaqeen Capital Co Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
ROCE % - 5.65 9.11 11.09

Yaqeen Capital Co ROCE % Calculation

Yaqeen Capital Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=29.526/( ( (320.063 - 36.215) + (326.557 - 27.191) )/ 2 )
=29.526/( (283.848+299.366)/ 2 )
=29.526/291.607
=10.13 %

Yaqeen Capital Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=32.814/( ( (310.435 - 18.077) + (326.557 - 27.191) )/ 2 )
=32.814/( ( 292.358 + 299.366 )/ 2 )
=32.814/295.862
=11.09 %

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


Yaqeen Capital Co  (SAU:9602) 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.


Yaqeen Capital Co ROCE % Related Terms

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Yaqeen Capital Co Business Description

Traded in Other Exchanges
N/A
Address
Al Olaya Main Street, Al Worood District, Riyadh, SAU, 9602
Yaqeen Capital Co is a company that provides financial, investment, and advisory services, including asset management, brokerage, and investment banking, The group has four reportable segments: Investment Banking Group (IBG), Asset Management, Brokerage Services, and Investments. It generates the majority of its revenue from the Investments segment.

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