Westports Holdings Bhd (XKLS:5246) ROCE % : 23.74% (As of Mar. 2024)

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What is Westports 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. Westports Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 23.74%.

Westports Holdings Bhd ROCE % Historical Data

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

Westports Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.34

20.89

24.10

21.64

22.56

Westports 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															21.72	23.11	23.06	23.88	23.74

Westports Holdings Bhd ROCE % Calculation

Westports 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 )
	=	1058.844	/	( ( (5281.689 - 619.6)	+	(5339.238 - 616.112) )	/ 2 )
	=	1058.844	/	( (4662.089	+	4723.126)	/ 2 )
	=	1058.844	/	4692.6075
	=	22.56 %

Westports 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 )
	=	1110.944	/	( ( (5339.238 - 616.112)	+	(5426.681 - 791.298) )	/ 2 )
	=	1110.944	/	( ( 4723.126	+	4635.383 )	/ 2 )
	=	1110.944	/	4679.2545
	=	23.74 %

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

Westports Holdings Bhd (XKLS:5246) 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.

Westports Holdings Bhd ROCE % Related Terms

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Westports Holdings Bhd (XKLS:5246) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westports Holdings Bhd (XKLS:5246) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Pulau Indah, P.O. Box 266, Port Klang, SGR, MYS, 42009

Website

https://www.westportsholdings.com

Westports Holdings Bhd is a port and logistics company domiciled in Malaysia. The company primarily develops and operates a port under the Westports brand in Port Klang, Malaysia. Westports provide container services; conventional services, including break bulk, dry bulk, and liquid bulk; and other marine facilities. In addition to core port operations, the company provides bulk storage, refrigerated container storage, and bunkering services to supply fuel to ships. The company derives revenue domestically.

Westports Holdings Bhd (XKLS:5246) Headlines

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