GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kretam Holdings Bhd (XKLS:1996) » Definitions » ROCE %

Kretam Holdings Bhd (XKLS:1996) ROCE % : 8.44% (As of Mar. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Kretam 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. Kretam Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.44%.


Kretam Holdings Bhd ROCE % Historical Data

The historical data trend for Kretam 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.

* Premium members only.

Kretam Holdings Bhd ROCE % Chart

Kretam Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 8.19 21.49 16.34 14.07

Kretam 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.96 2.84 13.22 26.78 8.44

Kretam Holdings Bhd ROCE % Calculation

Kretam 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 )
=136.237/( ( (1024.851 - 99.692) + (1126.982 - 115.351) )/ 2 )
=136.237/( (925.159+1011.631)/ 2 )
=136.237/968.395
=14.07 %

Kretam 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 )
=85.572/( ( (1126.982 - 115.351) + (1137.01 - 121.506) )/ 2 )
=85.572/( ( 1011.631 + 1015.504 )/ 2 )
=85.572/1013.5675
=8.44 %

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


Kretam Holdings Bhd  (XKLS:1996) 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.


Kretam Holdings Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Kretam Holdings Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kretam Holdings Bhd (XKLS:1996) Business Description

Traded in Other Exchanges
N/A
Address
Lot 6, Block 44, Leboh Tiga, Sandakan, SBH, MYS, 90000
Kretam Holdings Bhd is a Sabah-based medium-sized oil palm plantation company. The company operates through two segments namely Plantation and mills and Refinery. Its Plantation and mill segment is involved in the business of cultivation and sale of oil palm products. The Refinery segment which generates majority revenue engages in refining crude palm oil and producing biofuels. Majority of revenue is generated from refinery segment. The company's geographical area of operations includes Malaysia, Singapore, China, India, Italy, Spain, Germany and Netherlands.

Kretam Holdings Bhd (XKLS:1996) Headlines

No Headlines