RCE Capital Bhd (XKLS:9296) ROCE % : 8.12% (As of Dec. 2023)

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What is RCE Capital 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. RCE Capital Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.12%.

RCE Capital Bhd ROCE % Historical Data

The historical data trend for RCE Capital 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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RCE Capital Bhd ROCE % Chart

RCE Capital Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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8.78

8.82

9.08

8.87

8.78

RCE Capital 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															8.26	9.86	8.79	9.19	8.12

RCE Capital Bhd ROCE % Calculation

RCE Capital Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	184.129	/	( ( (2725.278 - 649.209)	+	(2946.831 - 827.558) )	/ 2 )
	=	184.129	/	( (2076.069	+	2119.273)	/ 2 )
	=	184.129	/	2097.671
	=	8.78 %

RCE Capital 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 )
	=	170.928	/	( ( (3014.465 - 882.41)	+	(3049.712 - 969.558) )	/ 2 )
	=	170.928	/	( ( 2132.055	+	2080.154 )	/ 2 )
	=	170.928	/	2106.1045
	=	8.12 %

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

RCE Capital Bhd (XKLS:9296) 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.

RCE Capital Bhd ROCE % Related Terms

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RCE Capital Bhd (XKLS:9296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » RCE Capital Bhd (XKLS:9296) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Lumut, 20th Floor, Menara Teo Chew, Kuala Lumpur, MYS, 50400

Website

https://www.rce.com.my

RCE Capital Bhd is engaged in the business of investment holding and the provision of management services. Its core business operations include the delivery of shariah-compliant financing services to civil servants with the aim of generating sustainable returns to stakeholders.

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