Kingston Wharves (XJAM:KW) ROCE % : 6.27% (As of Mar. 2024)

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What is Kingston Wharves 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. Kingston Wharves's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.27%.

Kingston Wharves ROCE % Historical Data

The historical data trend for Kingston Wharves'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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Kingston Wharves ROCE % Chart

Kingston Wharves Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.56

8.49

10.18

8.37

8.20

Kingston Wharves Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															9.85	8.37	8.32	-	6.27

Kingston Wharves ROCE % Calculation

Kingston Wharves'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 )
	=	3892.526	/	( ( (42680.569 - 3131.309)	+	(59082.383 - 3687.354) )	/ 2 )
	=	3892.526	/	( (39549.26	+	55395.029)	/ 2 )
	=	3892.526	/	47472.1445
	=	8.20 %

Kingston Wharves's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	3491.312	/	( ( (59082.383 - 3687.354)	+	(58722.353 - 2667.632) )	/ 2 )
	=	3491.312	/	( ( 55395.029	+	56054.721 )	/ 2 )
	=	3491.312	/	55724.875
	=	6.27 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Kingston Wharves (XJAM:KW) 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.

Kingston Wharves ROCE % Related Terms

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Kingston Wharves Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kingston Wharves Ltd (XJAM:KW) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

195 Second Street, Total Logistics Facility, Newport West, St. Andrew, Kingston, JAM, 13

Website

https://www.kingstonwharves.com

Kingston Wharves Ltd is engaged in the operation of public wharves, logistics services, security services, warehousing, and the rental of and repairs to cold storage facilities. It operates in two segments: Terminal operations and Logistics services. The Terminal operations segment which generates the majority of revenue engages in the operation of public wharves and the stevedoring of vessels. Its Logistics Services segment offers warehousing and logistics facilities, security services, rental of and repairs to cold storage facilities, and property rental.