Keystone Infra (XTAE:KSTN) ROCE % : 36.91% (As of Dec. 2023)

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What is Keystone Infra 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. Keystone Infra's annualized ROCE % for the quarter that ended in Dec. 2023 was 36.91%.

Keystone Infra ROCE % Historical Data

The historical data trend for Keystone Infra'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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Keystone Infra ROCE % Chart

Keystone Infra Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

5.58

8.57

8.59

23.82

Keystone Infra Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial										-1.42	27.78	22.04	11.18	36.91

Keystone Infra ROCE % Calculation

Keystone Infra'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 )
	=	601.051	/	( ( (2720.556 - 537.122)	+	(3126.464 - 264.052) )	/ 2 )
	=	601.051	/	( (2183.434	+	2862.412)	/ 2 )
	=	601.051	/	2522.923
	=	23.82 %

Keystone Infra'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 )
	=	983.28	/	( ( (2895.362 - 430.39)	+	(3126.464 - 264.052) )	/ 2 )
	=	983.28	/	( ( 2464.972	+	2862.412 )	/ 2 )
	=	983.28	/	2663.692
	=	36.91 %

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

Keystone Infra (XTAE:KSTN) 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.

Keystone Infra ROCE % Related Terms

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Keystone Infra (XTAE:KSTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Keystone Infra Ltd (XTAE:KSTN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Ariel Sharon Street, Hashachar Tower, 37th Floor, Givatayim, ISR, 5320045

Website

http://www.keystoneisrael.com

Keystone Infra Ltd is a yielding infrastructure investment fund. It is a fund for investment in infrastructure - water desalination, traditional and renewable energy, transportation, and communications.

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