Aljouf Mineral Water Bottling Co (SAU:9532) ROCE % : 5.26% (As of Dec. 2023)

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What is Aljouf Mineral Water Bottling Co 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. Aljouf Mineral Water Bottling Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.26%.

Aljouf Mineral Water Bottling Co ROCE % Historical Data

The historical data trend for Aljouf Mineral Water Bottling Co'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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Aljouf Mineral Water Bottling Co ROCE % Chart

Aljouf Mineral Water Bottling Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

5.19

6.03

5.01

Aljouf Mineral Water Bottling Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			4.97	5.46	5.86	4.56	5.26

Aljouf Mineral Water Bottling Co ROCE % Calculation

Aljouf Mineral Water Bottling Co'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 )
	=	6.286	/	( ( (198.637 - 79.499)	+	(209.899 - 78.033) )	/ 2 )
	=	6.286	/	( (119.138	+	131.866)	/ 2 )
	=	6.286	/	125.502
	=	5.01 %

Aljouf Mineral Water Bottling Co'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	6.886	/	( ( (212.456 - 82.441)	+	(209.899 - 78.033) )	/ 2 )
	=	6.886	/	( ( 130.015	+	131.866 )	/ 2 )
	=	6.886	/	130.9405
	=	5.26 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Aljouf Mineral Water Bottling Co (SAU:9532) 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.

Aljouf Mineral Water Bottling Co ROCE % Related Terms

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Aljouf Mineral Water Bottling Co (SAU:9532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Aljouf Mineral Water Bottling Co (SAU:9532) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bin Ahmed Al Sudairi Street, Al Waha District - Turki, Riyadh, SAU

Website

https://www.hilwawater.sa

Aljouf Mineral Water Bottling Co is involved in the production and bottling of mineral water, production and bottling of filtered pure water, and manufacturing of bottles in various forms of plastics.

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