Eco World International Bhd (XKLS:5283) ROCE % : -2.29% (As of Jul. 2024)

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What is Eco World International 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. Eco World International Bhd's annualized ROCE % for the quarter that ended in Jul. 2024 was -2.29%.

Eco World International Bhd ROCE % Historical Data

The historical data trend for Eco World International 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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Eco World International Bhd ROCE % Chart

Eco World International Bhd Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

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6.85

4.20

3.18

-6.30

-3.09

Eco World International Bhd Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															-1.45	-7.20	0.38	-3.59	-2.29

Eco World International Bhd ROCE % Calculation

Eco World International Bhd's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	-63.336	/	( ( (2952.66 - 502.518)	+	(1669.526 - 13.927) )	/ 2 )
	=	-63.336	/	( (2450.142	+	1655.599)	/ 2 )
	=	-63.336	/	2052.8705
	=	-3.09 %

Eco World International Bhd's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	-32.992	/	( ( (1544.143 - 8.469)	+	(1355.652 - 5.722) )	/ 2 )
	=	-32.992	/	( ( 1535.674	+	1349.93 )	/ 2 )
	=	-32.992	/	1442.802
	=	-2.29 %

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

Eco World International Bhd (XKLS:5283) 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.

Eco World International Bhd ROCE % Related Terms

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Eco World International Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Eco World International Bhd (XKLS:5283) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Hang Tuah, Unit No. 19-01, Menara The Stride, Bukit Bintang City Centre, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.ecoworldinternational.com

Eco World International Bhd is principally involved in property development and investment in property development projects. The company's operating and reportable segments are business units functioning in different geographical locations. Its three reportable geographical segments are; United Kingdom Includes property development activities and provision of advisory and project monitoring services, Australia Includes property development activities, and Malaysia Includes investment holding and promoting and marketing services activities.

Eco World International Bhd Headlines

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