National Company KazMunayGaz JSC (XKAZ:KMGZ) ROCE % : 1.82% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is National Company KazMunayGaz JSC 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. National Company KazMunayGaz JSC's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.82%.

National Company KazMunayGaz JSC ROCE % Historical Data

The historical data trend for National Company KazMunayGaz JSC'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.

National Company KazMunayGaz JSC ROCE % Chart

National Company KazMunayGaz JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

13.07

1.66

10.72

14.02

9.70

National Company KazMunayGaz JSC 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															10.68	11.22	9.79	16.03	1.82

National Company KazMunayGaz JSC ROCE % Calculation

National Company KazMunayGaz JSC'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 )
	=	1477270	/	( ( (16656890 - 1606195)	+	(16942712 - 1534218) )	/ 2 )
	=	1477270	/	( (15050695	+	15408494)	/ 2 )
	=	1477270	/	15229594.5
	=	9.70 %

National Company KazMunayGaz JSC'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 )
	=	285772	/	( ( (17600464 - 1605427)	+	(16942712 - 1534218) )	/ 2 )
	=	285772	/	( ( 15995037	+	15408494 )	/ 2 )
	=	285772	/	15701765.5
	=	1.82 %

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

National Company KazMunayGaz JSC (XKAZ:KMGZ) 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.

National Company KazMunayGaz JSC ROCE % Related Terms

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

National Company KazMunayGaz JSC (XKAZ:KMGZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » National Company KazMunayGaz JSC (XKAZ:KMGZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19, Kabanbay-batyr avenue, Astana, KAZ, 10000

Website

http://www.kmg.kz

National Company KazMunayGaz JSC is an energy company. It is engaged in the exploration, production, refining, and transportation of hydrocarbons in Kazakhstan's oil and gas sector. The company is geographically focused in the regions of the Black Sea and the Mediterranean Sea. Its projects include Upstream projects; Oil transportation projects; Gas transportation projects and Service projects.

National Company KazMunayGaz JSC (XKAZ:KMGZ) Headlines

No Headlines