Carzo Holdings Bhd (XKLS:03048) ROCE % : -145.02% (As of Dec. 2023)

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What is Carzo 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. Carzo Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -145.02%.

Carzo Holdings Bhd ROCE % Historical Data

The historical data trend for Carzo 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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Carzo Holdings Bhd ROCE % Chart

Carzo Holdings Bhd Annual Data

Trend

Dec19

Dec20

ROCE %

305.74

105.12

Carzo Holdings Bhd Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec23
ROCE %	Get a 7-Day Free Trial			-	63.52	1.60	-9.74	-145.02

Carzo Holdings Bhd ROCE % Calculation

Carzo Holdings Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	3.305	/	( ( (15.441 - 14.257)	+	(19.681 - 14.577) )	/ 2 )
	=	3.305	/	( (1.184	+	5.104)	/ 2 )
	=	3.305	/	3.144
	=	105.12 %

Carzo Holdings Bhd's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2022 )		(Q: Dec. 2023 )
	=	-3.788	/	( ( (30.114 - 19.908)	+	(11.894 - 16.876) )	/ 2 )
	=	-3.788	/	( ( 10.206	+	-4.982 )	/ 2 )
	=	-3.788	/	2.612
	=	-145.02 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Carzo Holdings Bhd (XKLS:03048) 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.

Carzo Holdings Bhd ROCE % Related Terms

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Carzo Holdings Bhd (XKLS:03048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Carzo Holdings Bhd (XKLS:03048) » Definitions » ROCE %

Comparable Companies

NGO:8145 XPAR:ALECO OSTO:LMKG TSE:3143 SGX:K03 HKSE:08413 TSE:7538 TSE:2683 ISX:KMDS KAR:MFL

Traded in Other Exchanges

N/A

Address

No. 6, Jalan Persiaran Industri, SD5, Bandar Sri Damansara, Wilayah Persekutuan, Kuala Lumpur, MYS, 52200

Website

https://www.carzo.com.my

Carzo Holdings Bhd is a fruit wholesalers, distributors and importers in the nation. It supplies to numerous top supermarkets and hypermarkets nationwide.

Carzo Holdings Bhd (XKLS:03048) Headlines

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