Innoprise Plantations Bhd (XKLS:6262) ROCE % : 22.32% (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Innoprise Plantations 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. Innoprise Plantations Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 22.32%.

Innoprise Plantations Bhd ROCE % Historical Data

The historical data trend for Innoprise Plantations 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.

Innoprise Plantations Bhd ROCE % Chart

Innoprise Plantations Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.19

12.38

29.13

29.03

18.36

Innoprise Plantations Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															13.71	12.84	15.03	23.54	22.32

Innoprise Plantations Bhd ROCE % Calculation

Innoprise Plantations 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 )
	=	68.651	/	( ( (403.239 - 32.006)	+	(401.806 - 25.339) )	/ 2 )
	=	68.651	/	( (371.233	+	376.467)	/ 2 )
	=	68.651	/	373.85
	=	18.36 %

Innoprise Plantations 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	83.952	/	( ( (399.311 - 23.608)	+	(401.806 - 25.339) )	/ 2 )
	=	83.952	/	( ( 375.703	+	376.467 )	/ 2 )
	=	83.952	/	376.085
	=	22.32 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Innoprise Plantations Bhd (XKLS:6262) 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.

Innoprise Plantations Bhd ROCE % Related Terms

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

Innoprise Plantations Bhd (XKLS:6262) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Innoprise Plantations Bhd (XKLS:6262) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Menara Tun Mustapha, 6th Floor, Likas Bay, Kota Kinabalu, SBH, MYS, 88400

Website

https://www.innoprise.com.my

Innoprise Plantations Bhd is engaged in the business of cultivation of oil palm. The company operates through two segments namely Palm and bio-integration and Corporate. Its Palm and bio-integration segment is involved in the cultivation of oil palm, manufacture and sale of crude palm oil and palm kernel, and generation and supply of electricity from a biomass plant. Its Corporate segment consists of corporate services and treasury functions. The company generates maximum revenue from Palm and bio-integration segment.

Innoprise Plantations Bhd (XKLS:6262) Headlines

No Headlines