Rav Bariach (08) Industries (XTAE:BRIH) ROCE % : 3.36% (As of Dec. 2023)

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What is Rav Bariach (08) Industries 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. Rav Bariach (08) Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.36%.

Rav Bariach (08) Industries ROCE % Historical Data

The historical data trend for Rav Bariach (08) Industries'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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Rav Bariach (08) Industries ROCE % Chart

Rav Bariach (08) Industries Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.26

11.23

-0.36

5.10

7.08

Rav Bariach (08) Industries Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												2.69	22.23	-0.62	2.87	3.36

Rav Bariach (08) Industries ROCE % Calculation

Rav Bariach (08) Industries'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 )
	=	36.166	/	( ( (909.343 - 466.829)	+	(1114.248 - 535.076) )	/ 2 )
	=	36.166	/	( (442.514	+	579.172)	/ 2 )
	=	36.166	/	510.843
	=	7.08 %

Rav Bariach (08) Industries'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 )
	=	19.58	/	( ( (1138.747 - 551.424)	+	(1114.248 - 535.076) )	/ 2 )
	=	19.58	/	( ( 587.323	+	579.172 )	/ 2 )
	=	19.58	/	583.2475
	=	3.36 %

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

Rav Bariach (08) Industries (XTAE:BRIH) 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.

Rav Bariach (08) Industries ROCE % Related Terms

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Rav Bariach (08) Industries (XTAE:BRIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rav Bariach (08) Industries Ltd (XTAE:BRIH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Southern Industrial Zone, POB 3032, Ashkelon, ISR

Website

http://www.rb-doors.com

Rav Bariach (08) Industries Ltd operates in the door industry. The company is engaged in the production and marketing of products in the field of construction - doors, protection, protection, locking, and lockers.

Rav Bariach (08) Industries (XTAE:BRIH) Headlines

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