Citaglobal Bhd (XKLS:7245) ROCE % : 3.83% (As of Dec. 2023)

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What is Citaglobal 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. Citaglobal Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.83%.

Citaglobal Bhd ROCE % Historical Data

The historical data trend for Citaglobal 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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Citaglobal Bhd ROCE % Chart

Citaglobal Bhd Annual Data

Trend

Apr13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Dec21

Dec22

Dec23

ROCE %

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-26.28

-42.27

5.44

-13.56

4.53

Citaglobal Bhd Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-68.26	4.37	6.36	3.50	3.83

Citaglobal Bhd ROCE % Calculation

Citaglobal 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 )
	=	16.832	/	( ( (474.136 - 135.328)	+	(539.103 - 134.995) )	/ 2 )
	=	16.832	/	( (338.808	+	404.108)	/ 2 )
	=	16.832	/	371.458
	=	4.53 %

Citaglobal 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 )
	=	15.344	/	( ( (533.325 - 136.805)	+	(539.103 - 134.995) )	/ 2 )
	=	15.344	/	( ( 396.52	+	404.108 )	/ 2 )
	=	15.344	/	400.314
	=	3.83 %

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

Citaglobal Bhd (XKLS:7245) 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.

Citaglobal Bhd ROCE % Related Terms

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Citaglobal Bhd (XKLS:7245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Citaglobal Bhd (XKLS:7245) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 9, Block 4, Menara TH Plaza Sentral, Jalan Stesen Sentral 5, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.citaglobal.my

Citaglobal Bhd is civil engineering and building contractor company that undertakes infrastructure development projects. Its operating segments are Civil engineering and construction, Energy and Manufacturing. The company's product and services engineering Services, oil & gas, Renewable Energy, power generation, properties Investment, community credit services and Digital Media.

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