Destini Bhd (XKLS:7212) ROCE % : -21.72% (As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Destini 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. Destini Bhd's annualized ROCE % for the quarter that ended in Sep. 2023 was -21.72%.

Destini Bhd ROCE % Historical Data

The historical data trend for Destini 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.

Destini Bhd ROCE % Chart

Destini Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

2.03

-49.88

-80.12

6.14

-19.79

Destini Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-3.35	-76.87	-20.94	10.50	-21.72

Destini Bhd ROCE % Calculation

Destini Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-31.445	/	( ( (446.426 - 271.867)	+	(280.561 - 137.386) )	/ 2 )
	=	-31.445	/	( (174.559	+	143.175)	/ 2 )
	=	-31.445	/	158.867
	=	-19.79 %

Destini Bhd'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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-29.024	/	( ( (273.451 - 136.496)	+	(269.343 - 139.067) )	/ 2 )
	=	-29.024	/	( ( 136.955	+	130.276 )	/ 2 )
	=	-29.024	/	133.6155
	=	-21.72 %

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

Destini Bhd (XKLS:7212) 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.

Destini Bhd ROCE % Related Terms

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

Destini Bhd (XKLS:7212) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Destini Bhd (XKLS:7212) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 10 Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.destinigroup.com

Destini Bhd is engaged in the investment holding and provision of management services. The company operates through two segments. The Maintenance, repair, overhaul and training segment is involved in the support, replacement, and overhaul of aviation, automobile and safety and tabular handling equipment as well as providing training for the use of safety equipment. Its Marine construction segment consists of the development of shipbuilding and restoration and maintenance of vessels.

Destini Bhd (XKLS:7212) Headlines

No Headlines