Fast Energy Holdings Bhd (XKLS:0084) ROCE % : -0.66% (As of Mar. 2024)

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What is Fast Energy Holdings Bhd 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. Fast Energy Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.66%.

Fast Energy Holdings Bhd ROCE % Historical Data

The historical data trend for Fast Energy Holdings Bhd'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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Fast Energy Holdings Bhd ROCE % Chart

Fast Energy Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.23

7.62

-4.72

-2.46

-13.01

Fast Energy Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-9.04	0.62	-2.10	-40.89	-0.66

Fast Energy Holdings Bhd ROCE % Calculation

Fast Energy Holdings Bhd'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 )
	=	-15.717	/	( ( (139.714 - 13.216)	+	(129.597 - 14.529) )	/ 2 )
	=	-15.717	/	( (126.498	+	115.068)	/ 2 )
	=	-15.717	/	120.783
	=	-13.01 %

Fast Energy Holdings Bhd'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 )
	=	-0.824	/	( ( (129.597 - 14.529)	+	(152.655 - 19.714) )	/ 2 )
	=	-0.824	/	( ( 115.068	+	132.941 )	/ 2 )
	=	-0.824	/	124.0045
	=	-0.66 %

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

Fast Energy Holdings Bhd (XKLS:0084) 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.

Fast Energy Holdings Bhd ROCE % Related Terms

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Fast Energy Holdings Bhd (XKLS:0084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fast Energy Holdings Bhd (XKLS:0084) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

B2-1-12, Solaris Dutamas, No. 1, Jalan Dutamas 1, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.techfast.com.my

Fast Energy Holdings Bhd formerly Techfast Holdings Bhd is an investment holding company. It is engaged in the provision of management services. The company's business segments include Investment holding includes Investment holding and provision of management and corporate services, Oil Bunkering includes Provision of bunkering services, vessel chartering and trading of petroleum and commodities and Renewable energy includes Investment in solar, design, construct, operate solar and trading of any solar related products geographical presence in Malaysia, Asia and Other countries.

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