Rimon Consulting & Managing Services (XTAE:RMON) ROCE % : 7.26% (As of Dec. 2024)

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What is Rimon Consulting & Managing Services 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. Rimon Consulting & Managing Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.26%.

Rimon Consulting & Managing Services ROCE % Historical Data

The historical data trend for Rimon Consulting & Managing Services'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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Rimon Consulting & Managing Services ROCE % Chart

Rimon Consulting & Managing Services Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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14.28

9.30

12.96

14.65

12.46

Rimon Consulting & Managing Services Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial													5.89	16.02	16.45	14.16	7.26

Rimon Consulting & Managing Services ROCE % Calculation

Rimon Consulting & Managing Services's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	98.388	/	( ( (1123.659 - 442.257)	+	(1554.975 - 657.028) )	/ 2 )
	=	98.388	/	( (681.402	+	897.947)	/ 2 )
	=	98.388	/	789.6745
	=	12.46 %

Rimon Consulting & Managing Services's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	63.368	/	( ( (1462.201 - 613.854)	+	(1554.975 - 657.028) )	/ 2 )
	=	63.368	/	( ( 848.347	+	897.947 )	/ 2 )
	=	63.368	/	873.147
	=	7.26 %

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

Rimon Consulting & Managing Services (XTAE:RMON) 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.

Rimon Consulting & Managing Services ROCE % Related Terms

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Rimon Consulting & Managing Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rimon Consulting & Managing Services Ltd (XTAE:RMON) » Definitions » ROCE %

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Address

11 Bareket Street, Industrial Park, Caesarea, ISR, 3079543

Website

https://www.rimongrp.com

Rimon Consulting & Managing Services Ltd is engaged in the construction and operation of infrastructure, energy, and water projects.

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