Meridian Bhd (XKLS:5040) ROCE % : -215.13% (As of Nov. 2024)

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What is Meridian 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. Meridian Bhd's annualized ROCE % for the quarter that ended in Nov. 2024 was -215.13%.

Meridian Bhd ROCE % Historical Data

The historical data trend for Meridian 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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Meridian Bhd ROCE % Chart

Meridian Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun20

Jun21

Jun22

Nov24

ROCE %

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-12.05

-2.75

-9.29

-50.31

Meridian Bhd Quarterly Data
	Mar19	Jun19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Feb24	May24	Aug24	Nov24
ROCE %	Get a 7-Day Free Trial															-4.87	-3.49	-0.38	-9.34	-215.13

Meridian Bhd ROCE % Calculation

Meridian Bhd's annualized ROCE % for the fiscal year that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2024 )		(A: Jun. 2022 )		(A: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2024 )		(A: Jun. 2022 )		(A: Nov. 2024 )
	=	-52.496	/	( ( (185.692 - 44.292)	+	(130.308 - 63.018) )	/ 2 )
	=	-52.496	/	( (141.4	+	67.29)	/ 2 )
	=	-52.496	/	104.345
	=	-50.31 %

Meridian Bhd's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	-198.488	/	( ( (178.909 - 61.67)	+	(130.308 - 63.018) )	/ 2 )
	=	-198.488	/	( ( 117.239	+	67.29 )	/ 2 )
	=	-198.488	/	92.2645
	=	-215.13 %

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

Meridian Bhd (XKLS:5040) 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.

Meridian Bhd ROCE % Related Terms

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Meridian Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Meridian Bhd (XKLS:5040) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jalan Ampang, Suite 20.08 - 20.09, Plaza 138, Kuala Lumpur, SGR, MYS, 50450

Website

https://www.meridianbhd.com.my

Meridian Bhd is an investment holding company. The company's operating segment includes Property Development, Construction, Property Investment, and others. The company generates maximum revenue from the Property Development segment. The Property Development segment of the company is engaged in the development of residential and commercial properties and agricultural lots.

Meridian Bhd Headlines

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