Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) ROCE % : 2.09% (As of Jan. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Arkan Al-Kuwait Real Estate 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. Arkan Al-Kuwait Real Estate Co KSCC's annualized ROCE % for the quarter that ended in Jan. 2024 was 2.09%.

Arkan Al-Kuwait Real Estate Co KSCC ROCE % Historical Data

The historical data trend for Arkan Al-Kuwait Real Estate 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.

* Premium members only.

Arkan Al-Kuwait Real Estate Co KSCC ROCE % Chart

Arkan Al-Kuwait Real Estate Co KSCC Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

Get a 7-Day Free Trial

9.50

4.59

4.24

3.79

2.61

Arkan Al-Kuwait Real Estate Co KSCC Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															2.91	2.44	2.97	2.11	2.09

Arkan Al-Kuwait Real Estate Co KSCC ROCE % Calculation

Arkan Al-Kuwait Real Estate Co KSCC's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	3.775	/	( ( (149.61 - 3.109)	+	(147.122 - 4.474) )	/ 2 )
	=	3.775	/	( (146.501	+	142.648)	/ 2 )
	=	3.775	/	144.5745
	=	2.61 %

Arkan Al-Kuwait Real Estate Co KSCC's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	2.86	/	( ( (147.122 - 4.474)	+	(145.65 - 14.042) )	/ 2 )
	=	2.86	/	( ( 142.648	+	131.608 )	/ 2 )
	=	2.86	/	137.128
	=	2.09 %

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

Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) 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.

Arkan Al-Kuwait Real Estate Co KSCC ROCE % Related Terms

Thank you for viewing the detailed overview of Arkan Al-Kuwait Real Estate Co KSCC's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alshuhadaa Street, P.O. Box 20678, Al Hamra Tower, 66th Floor, Sharq, Safat, Kuwait City, KWT, 13067

Website

https://www.arkanalkuwait.com

Arkan Al-Kuwait Real Estate Co KSCC is a real estate company that offers direct real estate investment and property management services. It is involved in the construction of Commercial and Residential projects. The firm offers consulting services, specialized investment studies, research, and feasibility reports. The company generates the majority of revenue from Rent.

Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Headlines

No Headlines