Arka Bhd (XKLS:7218) ROCE % : -10.33% (As of Sep. 2024)

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What is Arka 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. Arka Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was -10.33%.

Arka Bhd ROCE % Historical Data

The historical data trend for Arka 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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Arka Bhd ROCE % Chart

Arka Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-12.37

-5.85

3.39

3.21

-1.36

Arka Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															0.54	-6.10	-2.59	-8.34	-10.33

Arka Bhd ROCE % Calculation

Arka 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 )
	=	-0.965	/	( ( (70.592 - 6.923)	+	(96.24 - 18.142) )	/ 2 )
	=	-0.965	/	( (63.669	+	78.098)	/ 2 )
	=	-0.965	/	70.8835
	=	-1.36 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-7.572	/	( ( (94.985 - 18.624)	+	(84.769 - 14.458) )	/ 2 )
	=	-7.572	/	( ( 76.361	+	70.311 )	/ 2 )
	=	-7.572	/	73.336
	=	-10.33 %

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

Arka Bhd (XKLS:7218) 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.

Arka Bhd ROCE % Related Terms

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Arka Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Arka Bhd (XKLS:7218) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 2955, 2956 & 2957, Jalan Perusahaan Sungai Lokan 3, Kawasan Perusahaan Sungai Lokan, Butterworth, PNG, MYS, 13400

Website

https://www.transocean.com.my

Arka Bhd is a provider of logistics and logistics-related activities. The company provides trucking services and cross-border trucking services for consolidation cargo or loose truck loads services from the Malaysia-Singapore-Malaysia and Malaysia-Thailand-Malaysia routes. Its segments consist of Logistic solutions which derive majority revenue provides customs brokerage, warehousing, freight forwarding trucking related services, international air, and ocean freight services; Tyre products that manufacture and trades in tyres; Technology division engaged in technology service activities including providing infrastructure for hosting, data processing services and related activities and Investment holdings that provide management services and letting of properties.

Arka Bhd Headlines

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