Al Hassan Ghazi Ibrahim Shaker (SAU:1214) ROCE % : 22.65% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Al Hassan Ghazi Ibrahim Shaker 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. Al Hassan Ghazi Ibrahim Shaker's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.65%.

Al Hassan Ghazi Ibrahim Shaker ROCE % Historical Data

The historical data trend for Al Hassan Ghazi Ibrahim Shaker'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.

Al Hassan Ghazi Ibrahim Shaker ROCE % Chart

Al Hassan Ghazi Ibrahim Shaker Annual Data

Trend

Dec12

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-6.32

1.99

5.65

5.88

10.12

Al Hassan Ghazi Ibrahim Shaker 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															23.23	16.93	17.48	-16.83	22.65

Al Hassan Ghazi Ibrahim Shaker ROCE % Calculation

Al Hassan Ghazi Ibrahim Shaker'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 )
	=	74.003	/	( ( (1615.965 - 906.559)	+	(1508.825 - 755.437) )	/ 2 )
	=	74.003	/	( (709.406	+	753.388)	/ 2 )
	=	74.003	/	731.397
	=	10.12 %

Al Hassan Ghazi Ibrahim Shaker'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 )
	=	174.332	/	( ( (1508.825 - 755.437)	+	(1675.18 - 889.34) )	/ 2 )
	=	174.332	/	( ( 753.388	+	785.84 )	/ 2 )
	=	174.332	/	769.614
	=	22.65 %

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

Al Hassan Ghazi Ibrahim Shaker (SAU:1214) 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.

Al Hassan Ghazi Ibrahim Shaker ROCE % Related Terms

Thank you for viewing the detailed overview of Al Hassan Ghazi Ibrahim Shaker's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Al Hassan Ghazi Ibrahim Shaker (SAU:1214) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, Near the Raval Tower, P.O.Box 5124, Shaker Group Building, Alsahafa District, Riyadh, SAU, 11422

Website

https://www.shaker.com.sa

Al Hassan Ghazi Ibrahim Shaker is engaged in the trading and wholesale parts, electronic equipment, household equipment and air-conditioners, and maintenance. It also provides agency services for companies in the same business. The company trades for the brands like LG, maytag, Ariston, Indesit, Midea, and Kitchen aid.

Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Headlines

No Headlines