Southern Acids (M) Bhd (XKLS:5134) ROCE % : 5.25% (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Southern Acids (M) Bhd 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. Southern Acids (M) Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.25%.

Southern Acids (M) Bhd ROCE % Historical Data

The historical data trend for Southern Acids (M) Bhd'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.

Southern Acids (M) Bhd ROCE % Chart

Southern Acids (M) Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

5.85

7.30

8.61

18.95

8.67

Southern Acids (M) Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															14.41	-3.73	8.45	1.10	5.25

Southern Acids (M) Bhd ROCE % Calculation

Southern Acids (M) Bhd'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 )
	=	75.838	/	( ( (968.484 - 115.399)	+	(972.739 - 75.932) )	/ 2 )
	=	75.838	/	( (853.085	+	896.807)	/ 2 )
	=	75.838	/	874.946
	=	8.67 %

Southern Acids (M) Bhd'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	48.196	/	( ( (1005.999 - 84.588)	+	(1001.155 - 87.024) )	/ 2 )
	=	48.196	/	( ( 921.411	+	914.131 )	/ 2 )
	=	48.196	/	917.771
	=	5.25 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Southern Acids (M) Bhd (XKLS:5134) 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.

Southern Acids (M) Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Southern Acids (M) Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Southern Acids (M) Bhd (XKLS:5134) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Southern Acids (M) Bhd (XKLS:5134) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300

Website

http://www.southernacids.com

Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.

Southern Acids (M) Bhd (XKLS:5134) Headlines

No Headlines