Knowledge Tower Trading Co (SAU:9551) ROCE % : 42.57% (As of Sep. 2023)

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What is Knowledge Tower Trading 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. Knowledge Tower Trading Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 42.57%.

Knowledge Tower Trading Co ROCE % Historical Data

The historical data trend for Knowledge Tower Trading 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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Knowledge Tower Trading Co ROCE % Chart

Knowledge Tower Trading Co Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

68.90

30.52

25.95

Knowledge Tower Trading Co Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			169.78	-5.12	50.08	-1.51	42.57

Knowledge Tower Trading Co ROCE % Calculation

Knowledge Tower Trading Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	6.021	/	( ( (25.486 - 3.712)	+	(27.132 - 2.501) )	/ 2 )
	=	6.021	/	( (21.774	+	24.631)	/ 2 )
	=	6.021	/	23.2025
	=	25.95 %

Knowledge Tower Trading Co's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	10.46	/	( ( (27.132 - 2.501)	+	(43.422 - 18.909) )	/ 2 )
	=	10.46	/	( ( 24.631	+	24.513 )	/ 2 )
	=	10.46	/	24.572
	=	42.57 %

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

Knowledge Tower Trading Co (SAU:9551) 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.

Knowledge Tower Trading Co ROCE % Related Terms

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Knowledge Tower Trading Co (SAU:9551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Knowledge Tower Trading Co (SAU:9551) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ibn Yaqout Al-Hamawi Road, Al-Muraikbat District, Dammam, SAU, 7222 -32253

Website

https://www.kntbook.com

Knowledge Tower Trading Co is engaged in marketing and selling educational books for schools, universities, training institutes, and government educational institutions, developing educational programs for schools, providing electronic educational platforms, providing modern educational resources for training, and designing educational models.

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