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Allianzudi Fransi Cooperative Insurance Co (SAU:8040) ROC % : 0.00% (As of Dec. 2023)


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What is Allianzudi Fransi Cooperative Insurance Co ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Allianzudi Fransi Cooperative Insurance Co's annualized return on capital (ROC %) for the quarter that ended in Dec. 2023 was 0.00%.

As of today (2024-05-23), Allianzudi Fransi Cooperative Insurance Co's WACC % is 12.66%. Allianzudi Fransi Cooperative Insurance Co's ROC % is 0.00% (calculated using TTM income statement data). Allianzudi Fransi Cooperative Insurance Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Allianzudi Fransi Cooperative Insurance Co ROC % Historical Data

The historical data trend for Allianzudi Fransi Cooperative Insurance Co's ROC % 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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Allianzudi Fransi Cooperative Insurance Co ROC % Chart

Allianzudi Fransi Cooperative Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC %
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Allianzudi Fransi Cooperative Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Allianzudi Fransi Cooperative Insurance Co ROC % Calculation

Allianzudi Fransi Cooperative Insurance Co's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=0 * ( 1 - 24.85% )/( (1875.4262 + 2043.01595)/ 2 )
=0/1959.221075
=0.00 %

where

Invested Capital(A: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2050.052 - 2.382 - ( 194.591 - 5% * 446.944 )
=1875.4262

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2155.386 - 19.091 - ( 126.188 - 5% * 658.179 )
=2043.01595

Allianzudi Fransi Cooperative Insurance Co's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=0 * ( 1 - 12.96% )/( (1975.26545 + 2019.21415)/ 2 )
=0/1997.2398
=0.00 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2190.292 - 0.648 - ( 223.053 - 5% * 173.489 )
=1975.26545

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2155.386 - 19.091 - ( 126.188 - 5% * 182.143 )
=2019.21415

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

* 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.


Allianzudi Fransi Cooperative Insurance Co  (SAU:8040) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Allianzudi Fransi Cooperative Insurance Co's WACC % is 12.66%. Allianzudi Fransi Cooperative Insurance Co's ROC % is 0.00% (calculated using TTM income statement data). Allianzudi Fransi Cooperative Insurance Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Allianzudi Fransi Cooperative Insurance Co ROC % Related Terms

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Allianzudi Fransi Cooperative Insurance Co (SAU:8040) Business Description

Traded in Other Exchanges
N/A
Address
Khurais Road, P.O. Box 3540, Al Safwa Commercial Building, Riyadh, SAU, 11481
Allianz Saudi Fransi Cooperative Insurance Company is a company that provides comprehensive insurance solutions to individuals and corporate customers. It provides insurance in the areas of aviation, marines, health, motor fleet, engineering, and property and casualty. It has five reportable business segments: Motor insurance provides coverage against loss or damage to the motor vehicles caused by accident, fire, or theft, Health care (medical) products provide medical cover to policyholders; the Protection and saving segment includes a variety of savings products designed to meet the needs of individuals as well as corporate institutions, Shareholders' segment - reporting shareholder operations of the Company and Property and casualty.

Allianzudi Fransi Cooperative Insurance Co (SAU:8040) Headlines

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