Amar Finance and Leasing Co KSCC (KUW:AMAR) ROCE % : 0.61% (As of Mar. 2024)

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What is Amar Finance and Leasing Co KSCC 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. Amar Finance and Leasing Co KSCC's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.61%.

Amar Finance and Leasing Co KSCC ROCE % Historical Data

The historical data trend for Amar Finance and Leasing Co KSCC'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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Amar Finance and Leasing Co KSCC ROCE % Chart

Amar Finance and Leasing Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.42

0.23

0.27

Amar Finance and Leasing Co KSCC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															0.37	1.24	0.62	-1.11	0.61

Amar Finance and Leasing Co KSCC ROCE % Calculation

Amar Finance and Leasing Co KSCC'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 )
	=	0.06	/	( ( (22.144 - 0.512)	+	(22.627 - 0.574) )	/ 2 )
	=	0.06	/	( (21.632	+	22.053)	/ 2 )
	=	0.06	/	21.8425
	=	0.27 %

Amar Finance and Leasing Co KSCC's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	0.136	/	( ( (22.627 - 0.574)	+	(22.708 - 0.53) )	/ 2 )
	=	0.136	/	( ( 22.053	+	22.178 )	/ 2 )
	=	0.136	/	22.1155
	=	0.61 %

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

Amar Finance and Leasing Co KSCC (KUW:AMAR) 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.

Amar Finance and Leasing Co KSCC ROCE % Related Terms

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Amar Finance and Leasing Co KSCC (KUW:AMAR) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Amar Finance and Leasing Co KSCC (KUW:AMAR) » Definitions » ROCE %

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Address

Sharq Area, Ahmed Al-Jaber Street, Al-Bodoor Tower, P.O.Box: 28776, Safat, Kuwait City, KWT, 13148

Website

http://www.amarfinance.com

Amar Finance and Leasing Co KSCC is a Kuwait-based financial institution that is engaged in the provision of commercial and residential real-estate market, offering financial solutions to real-estate companies, as well as to real-estate investors and home buyers. Its offerings include finance, investment, consulting services. The company's various services include structured finance, investment placement, real estate project finance, real estate investment services, Amar real estate fund and real estate advisory services, structured finance, investment placement, real estate project finance, real estate investment services, Amar real estate fund and real estate advisory services.

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